The move could deepen the crisis at one of China’s most indebted developers, which has also reportedly lost control of US-listed Nam Thai property group.
Scheme overseen by the State Administration of Foreign Exchange allows Chinese investors to access foreign assets
Shareholders voted at an extraordinary general meeting on Tuesday to list the Singapore unicorn on the Nasdaq in New York on Thursday
From 2022 individuals and institutions being investigated will be able to pay up rather than waiting for the result of an inquiry.
Investor confidence hit after drugs firm boss says current vaccines are likely to be far less effective against the new Covid-19 variant
The arrest of Alvin Chau is seen as ushering in a new era of zero tolerance towards gambling in China, where all forms are illegal. It has also dealt a heavy blow to the junket industry
The Omicron strain’s emergence saw Japan close its doors to international visitors while casino stocks plunged after the arrest of gambling chief Alvin Chau in Macau
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.