china

China’s Didi plans Hong Kong ‘listing by introduction’, picks banks -sources

China's ride-hailing giant Didi Global (DIDI.N) plans to use a mechanism that will allow it to list shares in Hong Kong without…

4 years ago

Foreign holdings of Treasuries hit record high in October -data

Foreign holdings of U.S. Treasuries, led by Japan and China, rose to a record high for the month of October,…

4 years ago

Exclusive: HSBC says clients must have plan to exit coal by end-2023

Europe's leading banker to corporate Asia, laid out its long-awaited policy on financing thermal coal on Tuesday, and said it…

4 years ago

Uber looking to sell Didi, China market has little transparency, CEO says

Uber Technologies Inc (UBER.N) is looking to sell stakes in non-strategic assets including its holding in Beijing-based Didi Global Inc…

4 years ago

From China to Best Buy: Gaming controllers hit bumps on way to U.S. consumers

Fraser Townley eyes two gaping holes in one side of a pallet one of his workers just pulled out of…

4 years ago

Exclusive: Toyota turns to Chinese tech to reach its electric holy grail

Toyota Motor Corp (7203.T) will launch an all-electric small sedan in China late next year, having turned to local partner BYD (002594.SZ) for key…

4 years ago

Tesla to invest $188 mln to expand Shanghai factory capacity -Beijing Daily

Tesla Inc (TSLA.O) plans to invest up to 1.2 billion yuan ($187.91 million) to expand production capacity at its Shanghai…

4 years ago

Inflation fears but Turkey likely still in rate-cut mode

European gas prices have resumed their climb and are up 60% so far in November , while Wednesday's data showed…

4 years ago

Global luxury sales set to outpace pre-COVID levels this year, Bain says

The luxury goods sector is set to move past the coronavirus crisis this year, fuelled by domestic spending in the…

4 years ago

Risky business: Climate change turns up the heat on insurers, policyholders

Tony and Jhan Dunn never thought they would leave California, where they grew up, built a life together and planned…

4 years ago