China Evergrande Chairman ‘Suspected of Crimes’, Company Says

In a filing to Hong Kong Stock Exchange, Evergrande said it had been told by authorities that Hui "has been…

2 days ago

TikTok ‘Concerned’ at Indonesia Social Media E-Commerce Ban

Jakarta said the ban, which is effective immediately, is intended to protect its offline merchants and marketplaces

3 days ago

More SE Asian Firms Looking at US IPOs, Filling Chinese Void

Firms from the 10 nations in Southeast Asia are keen to test strong investor appetite for emerging market growth given…

2 weeks ago

Sunac China Seeks Bankruptcy Protection After Debt Deal Nod

Shares of Sunac rose on news of debt deal approval, then sank after its move to seek bankruptcy protection in…

2 weeks ago

Myanmar Junta Hits Migrant Workers With Remittance Fee – I’waddy

Myanmar's regime has told migrant workers they must remit 25% of their salaries via official channels every quarter at a…

3 weeks ago

Country Garden Stock Jumps as Creditors Back Bond Extensions

Chinese creditors voted on Monday for proposals to extend repayments on eight onshore bonds worth $1.48 billion by three years.…

3 weeks ago

China’s Big Banks Cut Rates, Prepare to Lower Mortgages

State lenders have moved to ease pressure on their margins as part of a move to bolster the ailing property…

4 weeks ago

China’s Guangzhou Eases Mortgage Rules to Help Housing Market

Decision comes as state banks are tipped to cut interest rates on existing mortgages, while other cities could follow Guangzhou's…

1 month ago

Key Bangladeshi Bank Freezes Myanmar Regime Accounts

A Bangladeshi bank that handles most bilateral trade with Myanmar has frozen the accounts of two key Myanmar banks as…

1 month ago

UOB to Cut Ties With Myanmar Banks on Sept 1 – Nikkei

The biggest foreign bank in Myanmar warned local banks last week it will restrict all payments to and from Myanmar…

2 months ago

Ant IPO Unlikely in the Short Term, Chinese State Media Says

Once an illustrious Chinese technology giant, Ant is emerging from a near three-year-long regulatory crackdown that started with the shelving…

2 months ago

China Digital Yuan Transactions Surge to $249.33 Billion

Total e-CNY transactions hit 950 million but the digital currency only accounted for 0.16% of China's cash in circulation at…

2 months ago