Shares of Sunac rose on news of debt deal approval, then sank after its move to seek bankruptcy protection in the US. Country Garden also won backing for an extension of repayments for an 8th onshore bond
Sections in China's anti-espionage law, which was updated in July, ban the transfer of any information related to national security and interests, without defining those terms
Beijing has been courting foreign capital as its post-pandemic recovery stumbles amid weak overseas demand and an ailing property sector
Citic Trust and CCB Trust will examine Zhongrong's current operations and help the firm come up with a repayment plan, but there are serious doubts on how much money investors will get back
Investors were in nervous mood ahead of a series of big policy meetings this week while worries on China’s ailing real estate sector continued to weigh
Shares of China Evergrande plunged after trading opened on Monday, after the arrest of staff of its wealth management unit, while Country Garden also fell as it faces a new repayment deadline
ByteDance and Flipkart are among the handful of names on the Japanese tech giant’s roster tipped to go public sometime soon
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
US tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
Despite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.