Category Archives:
U.S. business optimism in China rebounds to pre-trade war levels -survey
SHANGHAI (Reuters) - U.S. companies' optimism about business conditions in China has recovered to hit three-year highs even though the firms have reservations about Beijing's COVID-19 policy, an annua...
Sep 22, 2021
China will buy 8,700 new airplanes over next 20 years – Boeing
BEIJING (Reuters) - Chinese airlines are likely to buy 8,700 planes worth $1.47 trillion over the next 20 years, Boeing Co said on Thursday. The U.S. planemaker's latest estimate for the period to 204...
Sep 22, 2021
Indonesia Finance Minister warns of ripple effect from China’s Evergrande debt woes
JAKARTA (Reuters) - Indonesian authorities are monitoring the financial market situation in China, finance minister Sri Mulyani Indrawati said on Thursday, and warned that property firm China Evergran...
Sep 22, 2021
SoftBank-backed Oyo to file for $1.2 billion IPO next week – source
By Chandini Monnappa BENGALURU (Reuters) -SoftBank Group-backed Indian hospitality startup Oyo Hotels and Rooms is expected to file for an initial public offering (IPO) next week to raise around $1 bi...
Sep 22, 2021
China Evergrande chairman says to ensure home deliveries and wealth products redemption
HONG KONG (Reuters) - Cash-strapped developer China Evergrande Group said it held an internal meeting late on Wednesday night, in which its chairman urged company executives to ensure the quality deli...
Sep 22, 2021
Australia sues Neoen for lack of power from its Tesla battery reserve
By Sonali Paul MELBOURNE (Reuters) - Australian Energy Regulator (AER) has filed a lawsuit against Neoen SA, saying the French firm's Tesla "Big Battery" in South Australia did not provide backup powe...
Sep 22, 2021
Fitch cuts China 2021 GDP forecast to +8.1% vs +8.4% on property slowdown
BEIJING (Reuters) - Fitch Ratings on Thursday cut its 2021 economic growth forecast for China to 8.1% from 8.4%, citing the impact of the slowdown in the country's property sector on domestic demand. ...
Sep 22, 2021
Oil climbs on tight supply, renewed risk appetite
By Sonali Paul MELBOURNE (Reuters) - Oil prices rose on Thursday, extending strong gains overnight with fuel demand growing and crude stocks declining as production remains hampered in the U.S. Gulf o...
Sep 22, 2021
Alaska, overwhelmed by COVID-19 patients, adopts crisis standards for hospitals
By Yereth Rosen ANCHORAGE, Alaska (Reuters) - Alaska, which led most U.S. states in coronavirus vaccinations months ago, took the drastic step on Wednesday of imposing crisis-care standards for its en...
Sep 22, 2021
Asian shares gain but Evergrande jitters keep investors on edge
By Alun John HONG KONG (Reuters) - Asian shares moved higher on Thursday, supported by some positive news from struggling developer China Evergrande Group, while the dollar held near a one-month top a...
Sep 22, 2021
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