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2 mins read
China's Evergrande Group shares plummet over 80%
World's most indebted real state developer, Evergrande Group's shares plummeted 87 per cent on Mond…
ANI
1 min read
India's stock market overtakes Hong Kong's as the 4th largest in the world
The total value of shares in India's stock market equalled $4.33 trillion on Monday's close, toppin…
Aruni Soni
4 mins read
These big shipyards are China's shipbuilding power players and are cranking out new warships at a breakneck pace
China boasts impressive shipbuilding capacity across its industry, but a few key yards play a great…
Chris Panella
2 mins read
China just released aggressive measures to boost its economy — but some analysts say it's still not enough
"Today's policy measures are bold by historical standards," Betty Wang, the lead economist at Oxfor…
Huileng Tan
3 mins read
China's Communist Party begins key meet to stem economic slowdown, following 4.7% dip in GDP
China's GDP dipped to 4.7 per cent in the second quarter, the government said on Monday, as the rul…
PTI
6 mins read
He left his desk job in the US to run a food stall in Hong Kong. He earns more now but plans to walk away from it soon.
Hong Kong's dai pai dong food stalls are facing extinction. The remaining licenses are only transfe…
Faye Bradley
1 min read
Thousands of Hong Kongers are flocking to a Costco store in mainland China. Here's why.
One travel agency is offering a $78 deal to visit the store, which includes a global Costco members…
Alexandra Bacon
5 mins read
Countries from Russia to China are building payments systems that could threaten the dollar's global dominance
Cryptocurrencies, SWIFT alternatives, and even the barter system could reshape global payments amid…
Huileng Tan
3 mins read
The luxury outlook in China just keeps getting worse
Gucci's parent company said on Wednesday that it continued to see a "deceleration" in Asia-Pacific …
Lian Kit Wee
1 min read
Hong Kong's benchmark stock index just closed in a bear market as China's economy wavers
The Hang Seng Index has tumbled more than 20% from its recent high, with global investors growing m…
Phil Rosen
1 min read
Investing in China's stock market is like 'picking up dimes in front of bulldozers' given the nation's long-running stagnation, 'Big Short' investor Kyle Bass says
"Do I think that stocks could go up more? The answer's yes, but I equate it to picking up dimes in …
Jennifer Sor
3 mins read
It looks like the party's over for luxury goods in China
Luxury retailers say they've been hit by slumping sales in China, while tourism spending in Japan b…
Grace Dean
1 min read
Watch out Hong Kong – India's $4 trillion stock market is fast catching up
The value of companies listed on India's stock exchanges hit $4 trillion for the first time on Tues…
Kai Xiang Teo
1 min read
Stock investors in China lose access to key data as exchanges stop reporting sentiment indicator
China stopped reporting daily data on foreign fund flows, leaving investors without a key indicator…
Kelly Cloonan
1 min read
Hong Kong-listed stocks are about to be priced in yuan, giving China's currency another boost
Two dozen stocks, including Alibaba and Tencent, will be priced and traded in the yuan and the Hong…
Jason Ma
4 mins read
How Covid helped Singapore leap ahead of other cities
For many cities, the COVID-19 pandemic is now in the rear-view mirror. There are still some outbrea…
ANI
3 mins read
India and China to drive new wealth creation globally, Asia to contribute 30% of new wealth, says BCG report
India is well positioned to be a driver of greater wealth, according to a global wealth report by B…
ANI
1 min read
Don't use your own phone in Hong Kong, 2 accounting giants reportedly tell workers
KPMG and Deloitte advised its employees not to use their personal devices while visiting the China-…
Jyoti Mann
1 min read
After three years of Covid restrictions, Hong Kong, China resume high speed railway services
China on Sunday resumed the high-speed railway services connecting the Hong Kong Special Administra…
2 mins read
The founder of Evergrande just lost 2 Hong Kong mansions collectively valued at $200 million to a creditor
The two luxury mansions in Hong Kong's prestigious The Peak neighborhood were pledged for an HK$821…