hong kong

Consortium of Chinese Banks Agree to Fund Port Terminal in Peru

A consortium of Chinese banks have agreed to lend $975 million for the construction and development of the Chancay Multipurpose…

3 years ago

China Plans Shanghai-Hangzhou Hyperloop Train by 2035

China is all set to build its first hyperloop train line between Shanghai and Hangzhou, according to the nation’s top…

3 years ago

Adani’s market losses top $100 bln as shelved share sale spooks investors

India's Adani group shares sank on Thursday after it abandoned its flagship company's $2.5 billion stock offering, swelling the conglomerate's…

3 years ago

Swatch positive on recovery in luxury demand from China

Swatch Group shares hit their highest level in nearly two-and-a-half years on Tuesday after the world's biggest watchmaker said it expected…

3 years ago

Ant-linked firms’ shares rise after news of Jack Ma ceding control; Alibaba jumps

Shares of listed Chinese companies that count Ant Group as a major shareholder rose on Monday after announcements that Ant…

3 years ago

Analysis: Macau casinos deal themselves a tough hand with big non-gaming investment pledges

As casinos in Macau begin new licenses to operate in the world’s biggest gambling hub on Jan. 1, the stakes…

3 years ago

Exclusive: China readying $143 billion package for its chip firms in face of U.S. curbs

China is working on a more than 1 trillion yuan ($143 billion) support package for its semiconductor industry, three sources…

3 years ago

Exclusive: Morgan Stanley to slash 2022 banker bonuses in Asia by up to half

Morgan Stanley plans to slash investment bankers' annual bonuses by as much as 50% in Asia, said two people with…

3 years ago

Improbable bets on break of Hong Kong dollar peg adding up

It's what is known in the markets as a "tail risk": a highly unlikely scenario in which Hong Kong's currency…

3 years ago

Shares dip, dollar strengthens as markets eye U.S. inflation data

Shares dipped slightly and the dollar firmed on Thursday, ahead of U.S. inflation data that will influence the Federal Reserve's…

3 years ago