China's biggest homebuilder is fighting for its life. Here's what you need to know about the real estate crisis
Just a few months ago, Country Garden was the biggest property developer in China, with more than 3,000 developments spanning the country.
2023-08-31 20:48
China developer Vanke sees pressure on profit amid market downturn
HONG KONG Chinese state-backed property developer China Vanke said its profit would be under pressure in the short
2023-08-31 19:23
Special Report-Inside the downfall of embattled property developer China Evergrande
By Engen Tham, Julie Zhu and Clare Jim SHANGHAI/HONG KONG - In the beginning, Hui Ka Yan followed a simple
2023-08-31 18:49
India's Adani Group stung by fresh controversy
A new report has alleged that the conglomerate used "opaque" funds in Mauritius to manipulate stock prices.
2023-08-31 18:29
Microsoft will split Teams from Office in Europe after EU pressure
Microsoft will allow business customers in Europe to buy its video and chat app Teams separately from its Office software, it said Thursday, a month after the European Union opened an antitrust investigation into the company's bundling of the products.
2023-08-31 18:24
ECB's Holzmann leaning towards September rate hike
The European Central Bank may need to raise interest rates further, Austrian central bank chief Robert Holzmann said
2023-08-31 18:16
Hong Kong July retail sales up 16.5%, boosted by tourism revival
HONG KONG Hong Kong's July retail sales rose 16.5% from a year earlier in the eighth consecutive month
2023-08-31 17:58
Proxy adviser Ethos: UBS should have spun off CS' Swiss business
ZURICH (Reuters) -UBS should have spun off Credit Suisse's Swiss business, proxy adviser Ethos said on Thursday, after Switzerland's No.
2023-08-31 17:49
Standard Chartered CFO Andy Halford to retire
Standard Chartered said on Thursday Andy Halford has decided to retire as group chief financial officer and group
2023-08-31 17:48
Exclusive-Chinese exporters using currency swaps to retain dollars as yuan sags
SHANGHAI/SINGAPORE Chinese exporters are using a complicated currency swap strategy to avoid converting their dollar earnings into yuan
2023-08-31 17:26
Thailand's economic recovery on track but exports weigh
BANGKOK Thailand's economic recovery remained on track in July as private spending increased and the tourism sector expanded
2023-08-31 17:22
UBS to cut 3,000 jobs after Credit Suisse takeover
The Swiss bank reports bumper profits following the rescue of its rival but staff face redundancies.
2023-08-31 17:15