Chinese home appliance giant Midea Group Co. has selected Bank of America Corp. and China International Capital Corp. to arrange its planned Hong Kong listing, according to people familiar with the matter.
The US Securities and Exchange Commission said it intends to challenge a federal judge’s ruling that Ripple Labs Inc.’s XRP token isn’t a security when sold to the general public.
Alibaba Group Holding Ltd.’s options are flashing positive signs ahead of the Chinese tech company’s June quarter results.
China’s confirmed cases of Mpox rose nearly five-fold in July to a new high, even as government efforts to contain the infectious disease’s spread ramp up.
City Developments Ltd., run by Singapore’s richest real estate empire, posted a 94% drop in its first-half profit, as the absence of divestment gains booked a year earlier masked strong results in the firm’s property development and hotel businesses.
Sony Group Corp.’s shares tumbled after the electronics and entertainment group warned about delays in a smartphone market recovery and gave a financial outlook that missed expectations.
Asia’s once-richest woman has lost more wealth than any other billionaire in the world in just over two years as her Chinese property development company falls deeper into a debt crisis.
Open interest in Japanese government bond futures is hovering around the highest level in two decades as global funds and local players take opposing bets in a market that remains distorted by the central bank.
Republican frontrunner Donald Trump said he would announce next week whether he would attend the first GOP presidential debate, but insisted he would not sign a required pledge to support the party’s nominee.
President Joe Biden imposed limits on US investments in China as part of a push to restrict the country’s ability to develop next-generation military and surveillance technologies that might threaten US national security.
