China Vanke has sold a plot of land once earmarked for its new headquarters in Shenzhen for 2.24 billion yuan (US$309 million), almost 30 per cent less than it paid …
The governor of China’s central bank talked up the country’s property market and the resilience of its financial system on Monday, as the debt pressures weighing on a leading developer …
International ratings agency Moody’s has stripped state-backed property giant China Vanke of its investment-grade credit rating amid concerns over its liquidity and ability to access funding amid declining sales. Moody’s …
Museum attendance is up but not necessarily back to pre-pandemic levels. Spencer Platt/Getty Images The pandemic did a number on museums in the U.S. and worldwide. When these institutions closed …
Synopsis In the last three years, Oyo massively trimmed its workforce, maintained decent top-line growth, and improved profitability. It has reduced debt and courts private equity interest now. But there …
Credit rating firm Moody’s has adjusted its outlook for SA’s state-owned Airports Company South Africa (Acsa), from negative to stable. Acsa operates most of the airports in the country with …
“Green technology and disruptive innovation will increasingly drive investment and business decisions in sectors most exposed to the carbon transition, but lacklustre economic conditions and geopolitical strains will pose hurdles …
The outlook for Hong Kong remains uncertain due to a lack of consensus over the two big determinants of the performance of the city’s economy and asset prices: mainland China’s …
Moody’s downgrades outlook on US credit rating from ‘stable’ to ‘negative’ Moody’s on Friday changed its outlook on the US credit rating to “negative” from “stable” citing large fiscal deficits …
Most Chinese companies have failed to set a decarbonisation target, and a quarter are more exposed to increasing carbon transition risks than their global peers despite China’s carbon-neutral pledge and …