Global ratings agency S&P has downgraded China Vanke, as the troubled developer grapples with mounting debt and fragile cash flow,…
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The blistering summer in Europe, which was marked by unbearable heatwaves, boosted air conditioner sales for Midea Group, as consumers…
Read More »Oracle surged to a record high in extended trading after the company posted a major increase in bookings and gave…
Read More »China is accelerating its pivot to the Global South to reduce reliance on the United States, potentially creating “a new…
Read More »A prolonged downturn in China’s property market is approaching a point of stabilisation, analysts said, as low rates and affordable…
Read More »Hong Kong banks were likely to be more selective in extending credit to developers amid a prolonged property slump that…
Read More »The default of a major Hong Kong property developer could send shock waves through the broader sector and scuttle a…
Read More »China’s dairy industry, once a sure bet for investors amid rising incomes and living standards, is nearing the end of…
Read More »CLP Power, Hong Kong’s biggest electricity provider, said it has launched a three-year A$500 million (US$339 million) Kangaroo bond, marking…
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