hong kong

Evergrande canvassing creditors’ support against winding-up petition -source

China Evergrande Group (3333.HK) is reaching out to its offshore creditors for their support to fight a lawsuit in a Hong Kong…

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

Exclusive: Bidders weigh offers valuing Toshiba at up to $22 billion – sources

Bidders for Toshiba Corp (6502.T) are considering offering up to 7,000 yen ($51.41) per share to take the troubled Japanese conglomerate private,…

3 years ago

Stocks and oil tumble as recession fears mount

World stock markets and oil prices hit the skids on Wednesday as the persistent palpitations about rising interest rates and…

3 years ago

Crypto industry fears contagion as bitcoin slips under $20,000

The cryptocurrency industry was on edge on Monday as bitcoin struggled to stay above a key level, with investors fearing…

3 years ago

Exclusive: Citigroup to hire 3,000 in Asia institutional banking business in growth push

Citigroup Inc (C.N) plans to hire around 3,000 new staff for its Asia institutional business in the next few years, sharpening its…

3 years ago

Uber seals taxi deal to expand its business in Italy

Uber Technologies Inc (UBER.N) has clinched a deal to integrate its ride-hailing app with Italy's largest taxi dispatcher as it seeks to…

4 years ago

Exclusive: China quietly increases purchases of low-priced Russian oil

China is quietly ramping up purchases of oil from Russia at bargain prices, according to shipping data and oil traders…

4 years ago

China Resources in talks to take Sihuan Pharma private at $3 bln valuation -sources

State conglomerate China Resources is in early-stage talks with Sihuan Pharmaceutical's (0460.HK) chairman about jointly taking the Hong Kong-listed company private in…

4 years ago

HSBC shares rise as markets warm up to break-up proposal by top shareholder

Shares in HSBC Holdings gained on Tuesday after its largest shareholder, Chinese insurance giant Ping An (601318.SS), urged a break-up of…

4 years ago