A look at the day ahead in European and global markets from Anshuman Daga While Chinese economic data didn’t come…
Evergrande said to propose two offshore restructuring options- Bloomberg News
(Reuters) -Embattled property developer China Evergrande Group has been discussing a restructuring proposal with creditors that includes two options for…
China’s COSCO SHIPPING Holdings to pay over $800 million for 5.8% stake in COFCO Fortune
BEIJING/HONG KONG (Reuters) – China’s COSCO SHIPPING Holdings has agreed to pay 5.5 billion yuan ($814 million) to buy a…
Singapore’s Dec non-oil domestic exports fall 20.6% yoy
SINGAPORE (Reuters) – Singapore’s non-oil domestic exports (NODX) declined 20.6% year-on-year in December 2022, led by drops in both electronics…
Expert View: China’s economy slows sharply in Q4, 2022 growth one of the worst on record
(Reuters) – China’s economy slowed sharply in the fourth quarter due to stringent COVID curbs, dragging down 2022 growth to…
China coal output in Dec slips on COVID; rises to record in 2022
SINGAPORE (Reuters) – China’s daily coal output in December fell from November’s record as the country’s rapidly expanding COVID-19 outbreak…
Taiwan Q4 GDP seen growing 1.3% as cooling tech demand weighs: Reuters poll
TAIPEI (Reuters) – Taiwan’s economy likely expanded much more slowly in the fourth quarter compared to the prior quarter due…
China Evergrande’s auditor PwC quits over 2021 audit-related matters
(Reuters) – Embattled property developer China Evergrande said on Monday that its auditor, PricewaterhouseCoopers (PwC), had resigned amid disagreements over…
China’s 2022 property investment falls for first time since 1999
BEIJING (Reuters) – China’s property investment fell 10.0% year-on-year in 2022, the first decline since records began in 1999, compared…
China Dec industrial output up 1.3%, retail sales down 1.8%
BEIJING (Reuters) – China’s industrial output grew at a modest 1.3% pace last month year-on-year, official data showed on Tuesday,…