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EUROPEAN Union governments signaled support on Monday for completing work on a long-sought agreement with China to open the Chinese market further to EU investors, bringing closer a major economic and political victory for both sides.
BAGHDAD: Iraq’s currency devaluation will add inflation to the list of hardships facing a population recovering from a devastating war with Islamic State.
SINGAPORE: Bank of China has sued BP in Singapore, and Hin Leong Trading founder Lim Oon Kuin and his two children, for a total of US$312.9mil (S$417.6mil) in the latest effort by a creditor to recover losses after one of the biggest trading scandals in decades.
SHANGHAI: China's interbank bond market regulator has warned of the risk of inflated credit ratings and widespread industry problems following a review, after defaults by highly rated state-owned enterprises triggered market panic.
TOKYO: Japan's SoftBank Group Corp on Monday reported a 131.7 billion yen ($1.27 billion) loss from speculation on tech stocks after an attempt to diversify using its cash pile backfired.
BEIJING/SHANGHAI: Hong Kong shares ended lower on Wednesday, tracking the weak lead of global markets, as sentiment took a hit with the resurgence of COVID-19 cases in the United States and Europe.
BEIJING/SHANGHAI: China shares ended higher for a second consecutive day on Wednesday, as consumers and healthcare stocks gained amid hopes of further economic recovery from the pandemic.
KUALA LUMPUR: Shares in Khee San Bhd rose in early trade despite receiving a letters of demand for a RM4.96mil loan repayment from OCBC Al-Amin Bank Bhd.