Nothing symbolizes the demise of China Evergrande Group like the Hong Kong tower that it bought for a record $1.6 billion. Once a jewel in the developer’s crown, creditors are still trying to sell the building almost a year after seizing it.
Washington and Beijing need more time to “break new ground” in their shared mission to combat global warming, US climate envoy John Kerry said after days of talks in Beijing ended without sweeping new commitments.
A gunman killed two people and injured five others in downtown Auckland on Thursday, just hours before the FIFA Women’s World Cup is due to kick off in New Zealand’s largest city.
Billionaire Tencent Holdings Ltd. co-founder Pony Ma has penned a lengthy op-ed backing Chinese pledges to resuscitate the private sector, becoming the most prominent entrepreneur to endorse Beijing’s promises to unshackle a giant swath of the economy.
Workers at Canada’s west coast ports withdrew plans to go back on strike, just hours after threatening to restart a disruption that would have paralyzed shipments at the country’s busiest maritime hub.
Chinese banks kept their benchmark lending rates unchanged on Thursday, in line with the central bank’s move earlier this week as policymakers assess the economy’s recovery.
Japan’s balance of trade unexpectedly swung to its first surplus since July 2021, an outcome that should help ease pressure on the economy’s recovery, though risks remain for the growth outlook.
Digital bank startups backed by Grab Holdings Ltd. and Sea Ltd. have started accepting larger deposits in Singapore, suggesting the city-state’s regulator has raised limits previously imposed on their fintech firms.
The Russian Defense Ministry said all vessels in the Black Sea heading to Ukrainian ports would be considered potential carriers of military cargo starting Thursday, sending wheat futures soaring.
Elliott Investment Management has built a significant stake in Catalent Inc. and is pushing for changes to the drugmaker’s board, according to a person familiar with the matter.
