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HSBC to raise US$1.5 billion in perpetual convertible bonds as it gears up for loan growth

HSBC Holdings plans to issue a total of US$1.5 billion in perpetual bonds, the third round of fundraising since June,…

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New Business

Nissan to bow out of historic tie-up with Honda, Nikkei reports

Nissan Motor is pulling out of its deal with Honda Motor to combine both brands and regain global competitiveness, the…

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New Business

Builder Jinke Property reveals details of court-supervised debt restructuring plan

Chinese developer Jinke Property Group has revealed details of its court-supervised onshore debt restructuring programme to some of its creditors,…

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Tech

NVIDIA’s share price nosedives as antitrust clouds gather

NVIDIA has seen its share price plummet following a report of intensified scrutiny from US authorities over potential breaches of…

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New Business

Unit of Chinese developer R&F Properties defaults on US$147 million in interest payments

Chinese developer R&F Properties said a subsidiary missed interest payments on offshore notes in another sign of escalating troubles for…

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