Chairman Hui Ka Yan vowed on Sunday to deliver 39,000 units of properties in December, but the group looks likely to default on a further $255m of bond payments due today
The new rule on foreign investment is among updates to the government's policies related to 31 restricted sectors that take effect on January 1
Asian shares dipped in subued holiday trade on Monday as fears lingered over the impact of the Omicron Covid variant. Airline traffic was disrupted in some states, but retail sales were healthy.
Vertex Venture Holding said its special purpose acquisition company (SPAC) received a letter from the Singapore exchange saying it was eligible to list.
Profits rose 9% on-year in November to 805.96 billion yuan ($126.54 billion), well off the 24.6% gain reported in October
China is keen to build a financial centre in the country's west by 2025, the central bank said on Friday, in a bid to support economic growth in the Chengdu-Chongqing region.
Listings around the world raised a record $594 billion in 2021, amid stock market rallies, yet investors were often disappointed with subsequent stock performances
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.