Hong Kong is slightly less optimistic about its outlook for economic growth this year as the post-pandemic activity boom runs out of steam and challenges from China and the rest of the world weigh on the financial hub.
Less than two years after China Evergrande Group’s default sent shockwaves around the world, an even larger Chinese developer is on the brink.
The collapse of the Dutch government is unlikely to derail plans for a partial sale of the state’s stake in ABN Amro Bank NV, according to the lender’s head of finance.
Authorities are set to allow stock block trading in the link that connects Hong Kong and mainland China, opening up further to support struggling markets amid sluggish economic growth.
Doubts over the delayed takeover of UK health-technology company EMIS Group Plc all but disappeared on Friday after the UK’s antitrust watchdog provisionally cleared the £1.24 billion ($1.6 billion) deal.
Country Garden Holdings Co. apologized after being embroiled in liquidity stress that has spooked investors already concerned about China’s property downturn.
Meg 2: The Trench, a movie about giant killer sharks, is dominating box-office sales in China, thanks to a helping hand from the Chinese government.
Indonesia is said to be planning more tax incentives to attract global electric-vehicle producers, seeking to bolster its allure for top producers including Tesla Inc. and BYD Co.
Investors hammered Chinese assets and those of developing nations relying on its sustained growth a day after US President Joe Biden described the country’s economic woes as a “ticking time bomb.”
The raises won by United Parcel Service Inc. package handlers are going to put FedEx Corp. in a bind.
