China's biggest homebuilder just dodged default. It faces a rocky road ahead
Chinese property giant Country Garden has twice narrowly avoided defaulting on its debt in a matter of days. But it's not home free.
2023-09-06 17:59
Big Tech's core businesses face overhaul under EU tech rules
By Supantha Mukherjee STOCKHOLM The EU Commission on Wednesday designated 22 services of six major tech companies as
2023-09-06 17:52
German automakers in 'darkest moment' speed up EV transition - Chinese executive
MUNICH German automakers under heavy pressure from Chinese competition are speeding up their transition to electric vehicles, enabling
2023-09-06 17:47
China's 'father of EVs' urges cooperation on EV scaleup
MUNICH China's industrial policy adviser and "father of EVs" Wan Gang said efficient batteries, better EV architectures and
2023-09-06 17:26
Accused Money Launderer Funded Singapore Luxury Apartments
A Turkish national arrested in Singapore’s S$1.8 billion ($1.3 billion) money laundering case had financed the purchase of
2023-09-06 16:47
South Korea should maintain current monetary, fiscal policies, IMF says
SEOUL South Korea should maintain current, restrictive monetary and fiscal policies as it needs to take steps to
2023-09-06 16:23
Scholz: Germany must pull together to overcome economic crisis
BERLIN German Chancellor Olaf Scholz on Wednesday called on the ruling coalition and democratic opposition to pull together
2023-09-06 15:59
Tesla's Shanghai factory hits 2 million car production milestone
BEIJING Tesla's Shanghai factory achieved on Wednesday the milestone of 2 million cars produced, according to the company's
2023-09-06 15:49
UAE Oil Giant Adnoc to Boost Carbon Capture Capacity
The biggest oil producer in the United Arab Emirates plans to develop a carbon capture project that will
2023-09-06 15:29
Singapore Seizes Alleged Launderer’s Millions in Swiss Banks
Singapore police seized S$125 million ($92 million) from a suspected money launderer’s accounts with Bank Julius Baer and
2023-09-06 15:21
Germany Factory Orders Slumped 11.7% at Start of Third Quarter
German factory orders plummeted in July, a sign that the woes of Europe’s biggest economy continued into the
2023-09-06 14:59
Saudi Telecom Buys $2.25 Billion Stake in Spain’s Telefonica
Saudi Telecom Co. is taking a nearly 10% stake in Spain’s Telefonica SA for roughly $2.25 billion as
2023-09-06 14:51