Markets

China Evergrande Group placed 260 million shares, or 2.66per cent of issued share capital, of China Evergrande New Energy Vehicle Group Ltd for HKUS$10.6 billion (US$1.36 billion), the Chinese property developer said in a filing to the Hong Kong bourse on Thursday.

SK Innovation Co Ltd, the owner of South Korea's top refiner SK Energy, said on Thursday refining margins are likely to gradually improve in the second quarter due to demand recovery backed by easing COVID-19 impact.

Tesla Inc has suspended the use of bitcoin to purchase its vehicles because of climate concerns, Chief Executive Officer Elon Musk said in a tweet on Wednesday (May 12), reversing the company's stance in the face of an outcry from some environmentalists and investors. Bitcoin, the world's biggest ......

WASHINGTON :A U.S. Senate committee voted 24-4 to pass a compromise measure authorizing more than US$110 billion for basic and advanced technology research over five years in the face of rising competitive pressure from China.

SINGAPORE: A day after it was announced that the limit on social gatherings will be cut from eight people to five, indoor playground operator Kiztopia began receiving enquiries from customers who needed to make alternative plans for their children’s birthday celebrations.    Around 40 bookings ...

The success of the joke currency has lessons for cryptocurrency investors and business analysts, says the Financial Times' Jemima Kelly.

Investors should take note of Hong Kong developers, says the Financial Times’ June Yoon.

The U.S. dollar was higher on Wednesday, though well within recent ranges, after inflation data showed a surge in consumer prices in April.

Huawei Chief Financial Officer Meng Wanzhou and her legal team are set to return to court for three more weeks of extradition hearings starting Aug. 3, following a fourth attempt by Meng’s lawyers to introduce new evidence, a Canadian court heard on Wednesday.

The U.S Defense Department will remove China's Xiaomi Corp from a government blacklist, a court filing showed, marking a reversal by the Biden administration of one of Donald Trump's last jabs at Beijing before exiting office.