BEIJING (Reuters) -China’s Beijing and Shanghai on Friday announced that they would allow home buyers to enjoy preferential loans for first-home purchases regardless of their previous credit records. The capital…
By Mayu Sakoda and Yukiko Toyoda TOKYO (Reuters) – China’s economy is in a “extremely difficult” situation, which may be contributing to a rising backlash against Japan over the release…
HONG KONG (Reuters) – China’s economic growth is slowing down as policymakers try to fix a property market downturn, with troubles at major developer Country Garden in focus. Concerns are…
BEIJING (Reuters) – China’s factory activity surprisingly returned to expansion in August, a private-sector survey showed on Friday, with supply, domestic demand and employment improving, suggesting official efforts to revive…
By Svea Herbst-Bayliss NEW YORK(Reuters) – Shareholders in China’s Hollysys Automation Technologies owning a total 32.2% of the automation control system maker’s shares asked the board of directors to set…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets look set to open on a fairly strong…
TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda said the pace of economic activity in China has been a disappointment that could cloud Japan’s economic outlook, according to a…
By Bernard Orr BEIJING (Reuters) – China’s abrupt move to dismantle its strict COVID-19 regime, which unleashed the virus onto its 1.4 billion residents, could have led to nearly 2…
By Casey Hall SHANGHAI (Reuters) -Chinese food delivery giant Meituan on Thursday posted a bigger-than-expected 33.4% rise in second-quarter revenue, defying a slowing Chinese economy, though executives warned of headwinds…
By Katya Golubkova and Dominique Patton TOKYO/BEIJING (Reuters) – China may be Japan’s top seafood export market but marine products make up less than 1% of Tokyo’s global trade, which…
By Roxanne Liu and Kane Wu (Reuters) – Chinese commercial rocket developer OrienSpace is set to be valued at about 6 billion yuan ($823 million) in a new fundraising exercise…
BEIJING (Reuters) – China’s government land sales revenue declined for the 19th consecutive month in July, data from the finance ministry showed on Monday, adding to pressure on some debt-laden…
(Reuters) – Xpeng on Friday forecast third-quarter revenue below analysts’ expectations and reported a hit to margins following an inventory writedown, sending its U.S.-listed shares down 7% before the bell.…
By Davide Barbuscia NEW YORK (Reuters) -Deflationary pressures in China could spill over into global markets, which is potentially near-term good news for Western central banks as they seek to…
By Clare Jim HONG KONG (Reuters) – China’s financially beleaguered property developer Country Garden promised “five-star living” to the masses in less popular, smaller cities but focusing on those areas…
SINGAPORE (Reuters) – Singapore Exchange (SGX) said on Tuesday that it will start trading structured certificates this month, making it the first in Asia to list the third-party issued financial…
HONG KONG (Reuters) – Shares of Country Garden rose more than 7% on Tuesday, recovering some ground after the stock plunged a day earlier as China’s largest private developer seeks…
By Andrea Shalal and Michael Martina WASHINGTON (Reuters) – President Joe Biden’s comment about China being a “ticking time bomb” referred to internal economic and social tensions that could have…
(Reuters) – Debt-laden Chinese developer Country Garden expects to report a net loss for the first half of 2023 and said it would take measures to meet its debt obligations…
BEIJING (Reuters) – Two lithium mine auctions in China’s southwestern Sichuan province that began this week have received nearly 7,000 bids, with prices hundreds of times higher than starting levels…
By Lucy Craymer WELLINGTON (Reuters) – For the first time in decades, foreign and defence policy are in the electoral spotlight in New Zealand, as opinion surveys show public concern…
BEIJING (Reuters) – China’s new yuan loans are expected to fall sharply in July from June after record lending in the first half, a Reuters poll showed, but they could…
By Deborah Mary Sophia and Ananya Mariam Rajesh (Reuters) – U.S. luxury companies including Michael Kors-owner Capri and Estee Lauder will likely record a hit to sales from a slower-than-expected…
By Qiaoyi Li and Miyoung Kim BEIJING (Reuters) -China’s passenger vehicle sales fell for a second month in July, as discounts and government support measures failed to persuade consumers wary…
By Joe Cash BEIJING (Reuters) – China’s exports likely contracted further in July, as manufacturers in the world’s second-largest economy struggled for buyers in markets grappling with high inflation and…