Forbes Magazine
Foreign investors flee China shares, long-delayed data shows
THE amount of Chinese shares owned by foreign investors fell in 2023 for a second straight year as the market slump cut the value of shareholdings and investors left...
Dasin Retail Trust receives winding-up application
THE trustee-manager of Dasin Retail Trust has received a winding-up application filed by Zhang Guiming, the nephew of a non-executive director on Dasin Retail Trust’s board. While Zhang informed...
BHP reports flat first-half profit; warns of inflation, high interest rates impact
BHP Group said on Tuesday its first-half underlying profit was largely unchanged from a year ago, citing strong revenue generation, but warned of higher costs from the lagged effect...
EU opens formal investigation into TikTok over possible online content breaches
THE European Union will investigate whether ByteDance’s TikTok breached online content rules aimed at protecting children and ensuring transparent advertising, an official said on Monday (Feb 19), putting the...
Chinese EV maker HiPhi suspends operations for six months
CHINESE electric vehicle maker Human Horizons Group suspended operations for at least six months, adding to signs of an enduring squeeze in the industry as growth slows. The Shanghai-based...
China seen cutting mortgage reference rate for first time since June
CHINA is widely expected to trim its benchmark mortgage reference rate at a monthly fixing on Tuesday (Feb 20), as banks’ improving net interest margins give authorities some leeway...
Airlines’ chief pleads for more green fuel to save air travel
THE head of global airlines’ biggest trade group implored oil producers to make more low-emissions aviation fuel, warning the future of commercial air travel depends on the industry’s successful...
Asia: Stocks mixed as China enjoys Lunar New Year bump
CHINESE stocks were buoyant after Lunar New Year but other Asian markets were mixed on Monday as a hot US inflation report rekindled worries over the timing of Fed...
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