Shenzhen developer has been seeking to restructure its $12bn offshore debt since late 2021; bondholders will swap debt for notes and shares in the company, it said
Threat to glaciers revealed amid news of heat records in 15 nations this year, while the UN accuses fossil fuel firms of trying to slow the transition to clean energy
Increased hopes that the US will dodge a recession and shortening odds on a Fed rate cut soon encouraged risk-taking
Government wants a 700-billion-yen valuation for the subway operator for an IPO that could occur in coming months
Funds have been dumping industrials and buying energy stocks, amid expectation the oil and gas sector will boom if Trump wins the US election, Goldman Sachs says
A wave of positivity over the US economy and possible rate cuts lifted equities across the region but also fired Japan’s currency higher
Economists say major intervention is needed if the country is to meet its 5% growth goal this year as speculation rises that Beijing will do more to boost consumption
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.