The offshore bondholder group, which is represented by Lazard advisory group, made the offer to buy Kaisa's stalled projects to the developer's advisor CITIC Securities, sources said
Some 13 major central banks are due to meet this week – among them the US Fed – with interest rates around the globe expected to soar
The listing by property services arm Onewo Space-Tech Service aims to raise up to $783 million in a deal that will be a key test for investor appetite
Five million foreign tourists have arrived so far this year, expecting to rise to 10 million by the end of the year, finance minister Arkhom Termpittayapaisith said.
The company plans to carry out the buyback in the next two to three months with the hope of supporting shareholders to improve their liquidity positions
Investors across the region were in downbeat mood on Friday distracted by soaring inflation and imminent US interest rate rises
China's yuan is not the only currency struggling in the face of the strong dollar with Japan’s yen and South Korea’s won also under pressure
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
US tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
Despite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.