Analysts said the antitrust fine has removed an “overhang” over food delivery giant Meituan and the company’s shares rallied more than 7% in Hong Kong trade.
The Organization for Economic Cooperation and Development on Friday announced a major breakthrough over corporate tax rates, after years of disagreement.
Finland, Denmark and Sweden are limiting the use of Moderna’s Covid-19 vaccine in young people over concerns around rare cardiovascular side effects.
Chinese consumers opened their wallets to shop during the week-long National Day holiday that ended Thursday, even as travel numbers fell.
By Thursday afternoon in Hong Kong, the Hang Seng index was up 2.41%.
Treasury Secretary Janet Yellen believes the economy would fall into a recession if Congress fails to raise the debt ceiling before a default on the U.S. debt.
There are increasing signs of stress in China’s property market after ratings agencies downgraded Fantasia and Sinic over debt concerns.
Trading in the Hong Kong-listed shares of China Evergrande Group as well as Evergrande Property Services was halted on Monday.
Tesla delivered 241,300 electric vehicles during the third quarter of 2021, the company said Saturday.
President Biden’s top trade official, Katherine Tai, will announce that China hasn’t complied with the phase one trade deal, sources said.