china

China plans real estate fund worth up to $44 billion for distressed sector, source says

China will launch a real estate fund to help property developers resolve a crippling debt crisis, aiming for a warchest…

3 years ago

GLOBAL ECONOMY Global slowdown fears darken as cost of living bites

The global economy looks increasingly likely to be heading into a serious slowdown, just as central banks aggressively reverse ultra-loose…

3 years ago

HSBC confirms staff in China unit set up branch of Chinese Communist Party

HSBC Holdings Plc said employees had formed a branch of the Chinese Communist Party (CCP) within its securities brokerage unit…

3 years ago

Baidu unveils autonomous vehicle without steering wheel

China's search engine giant Baidu Inc on Thursday unveiled its new autonomous vehicle (AV) with a detachable steering wheel, with…

3 years ago

Exclusive: HSBC set to push back against Ping An breakup proposal

HSBC Holdings Plc (HSBA.L) is set to speed up its exit from non-core markets and deploy additional capital in Asia, in a…

3 years ago

Stocks make recovery bid, hemmed in by weakening world economy

World stocks attempted a move higher on Friday after four days of losses caused by mounting fears of economic downturn,…

3 years ago

Analysis: Scalded by Russia, investment funds tread carefully in China

China, the only big economy promising a growth rebound this year, is again luring foreign investors. Yet the fear that…

3 years ago

Why Russian oil price cap is easier said than done

G7 leaders have agreed to study possible price caps on Russian oil and gas to try to limit Moscow's ability…

3 years ago

Hong Kong’s top finance executives bank on city to thrive as gateway to China

In 1997, the world watched as Britain returned Hong Kong to Chinese rule, with some pessimistic or wary about the…

3 years ago

Stocks stage small bounce as investors weigh cenbanks’ next moves

Stock markets chalked up modest gains on Monday after last week's hefty losses as investors braced for a host of…

3 years ago