The China Evergrande debt crisis deepened Thursday as Fitch declared the property giant in default. It must make another 14 bond coupon payments worth almost $1 billion within five months.
New daily infections have slowed to fewer than one per million people, the least among major economies except China, and fatalities have fallen to zero
Increase in producer price index was slower than a 13.5% gain in October but faster than the 12.4% rise expected in a Reuters poll
Weibo, which raised $385 million, opened at HK$256.20 after pricing its shares at HK$272.80, and slipped to HK$254 in afternoon trading
Infections in South Korea have skyrocketed after the government began to ease curbs under a so-called "living with Covid-19" scheme last month
The share sale, a combination of new and existing shares, is likely to value the maker of medicinal skin care treatments at 19 billion yuan, or $3 billion
India's second largest carmaker will launch affordable and premium electric models, starting with its first EV in 2022
Taiwan's President Tsai Ing-wen is the only Asian woman in the top 10 while the highest-ranked female executive is Pertamina's Nicke Widyawati
Long-anticipated commercialisation of GM corn in the world's No. 2 producer is set to significantly boost yields, reducing the need for imports, firm claims
Beijing has tasked Liaison Office head Fu Ziying to 'supervise, guide, coordinate, and support' the government on the matter
Boeing shares jump 7.5% higher on news, pushing the Dow Jones index up 1.73% in its biggest one-day percentage gain since March
Suncity Group's stock was down 10% in Thursday morning trade, albeit off a record low marked earlier in the day