Beijing had pledged to scale back its coal industry, but a new report says the Chinese government has quietly restarted construction of coal-fired power plants. The report also found an increase in coal consumption. A...
News that MSCI plans to substantially boost China’s equity weighting in its indices and a better than expected Caixin manufacturing PMI and some easing of India-Pakistan tensions helped bolster the risk-taking appetite going into the...
Imports by China and other emerging Asian economies in December plunged to the lowest level in two years, in the steepest one-month plunge since 2008, after having already plunged in November, according to the Merchandise...
A major upheaval is underway in China’s peer-to-peer (P2P) finance sector after numerous cases of fraud and negligence. As loans helped finance cars and property, could the crisis worsen the country’s economic slowdown? It’s not...
With the US and other countries throwing their weight behind Juan Guaido as Venezuela’s legitimate leader, time seems up for the Maduro government. But keeping the debt-ridden country afloat will prove a massive task. National...
Heightened security concerns on the continent have been just one reason for a sharp drop in China’s investment activities across Europe. A fresh study shows, though, that German firms remain coveted takeover targets. Just how...
Oceanwide Plaza – a three-tower condominium, hotel, and retail complex expected to cost over $1 billion – is one of the largest real estate projects in downtown Los Angeles. It was scheduled to be completed...
Global equities have fared better than the 1.4% slide in the S&P 500 yesterday may have implied. Asian markets were mixed, with China, Korea, Hong Kong, Thailand advancing. The Dow Jones Stoxx 600 from Europe...
US officials are in China on Monday for the start of fresh trade negotiations. What’s on the agenda — and what progress could be made as another deadline looms in the trade battle between Beijing...
On Wednesday after the market closed, Apple released a letter to shareholders in which it said that revenues are going to be a lot worse in the quarter ended December 29 than its guidance two...
Over nearly 10 years, the world economy has been growing by a moderate but steady clip. In 2019 though, risks such as Brexit, trade wars and higher interest rates could spell the end to an...
There is little reprieve from the equity meltdown ahead of the weekend. Major markets in the Asia-Pacific region, including Japan, China, India, and Australia pushed lower. The MSCI index of the region is near 15-month...