Market Insights

Evergrande Chief Voice Clip Put on WeChat Amid Suicide Rumour – SCMP

A voice clip of Hui Ka-Yan was posted on social media on Friday just as rumours circulated that he had…

2 days ago

Looser Covid Rules Causing Relief, Anxiety in Chinese Cities

Some communities now require less frequent testing and are allowing close contacts of infected people to quarantine at home. New…

2 days ago

Australia Says Law Forcing Facebook, Google Pay for News Works

The News Media Bargaining Code, which took effect in March 2021, has been successful balancing bargaining power between news media…

2 days ago

China Evergrande Halts EV Production Due to Lack of Orders

China Evergrande NEV Group said in September it had started producing its Hengchi 5 model at a plant in Tianjin…

2 days ago

US Moves to Drop Charges Against Huawei CFO Meng Wanzhou

US prosecutors asked a judge on Thursday to dismiss bank fraud and other charges against a senior Huawei official arrested and…

2 days ago

India Seen Offering Incentives to Boost Ship Building

India plans to cut taxes, offer subsidies and other incentives to bolster ship building as part of a bid to…

2 days ago

Hong Kongers Line up for BioNTech Omicron Vaccines – SCMP

Hong Kong residents can now receive the German-made bivalent shots to protect them against the original coronavirus plus the latest…

3 days ago

India’s HDFC Raises $1.85 Billion in Largest-Ever Bank Bond Issue

HDFC raised $1.85 billion from the largest-ever bond issuance by an Indian bank on Thursday amid strong demand from long-term…

3 days ago

Chinese Developers’ Offshore Creditors Eye Bargains as Outlook Lifts

With Beijing stepping up support for the property sector, some offshore bondholders are looking for bargains amid hope China's cash-squeezed…

3 days ago

Chinese Miner Zijin Vows to Continue Huge Lithium Buying Spree

Zijin has spent $16 billion buying three lithium mines over the past year, but its president says the group aims…

3 days ago

Asian Markets Rise After Powell Suggests Rate Hikes Set to Slow

Federal Reserve chairman's remarks – that the US Fed could reduce the pace of its rate hikes this month –…

3 days ago

China Softens its Warnings on Severity of Covid-19 After Protests

Officials in some cities are lifting lockdowns and allowing businesses to reopen, despite daily case tolls near high levels. Authorities…

3 days ago