A bankruptcy filing against a Guangzhou-based unit of collapsed developer China Evergrande has been accepted by a mainland China court, according to a filing with the Hong Kong stock exchange. …
“There have been times I thought of giving up amid sleepless nights because it was so difficult for me … But the greatest driving force for me to persist is …
The National Company Law Tribunal (NCLT) has approved Raymond’s composite scheme of arrangement and restructuring involving the demerger of its lifestyle business and the amalgamation of its consumer trading arm, …
A U.S. bankruptcy judge on Thursday approved WeWork’s Chapter 11 bankruptcy plan, allowing the shared office space provider to eliminate $4 billion in debt and hand the company’s equity over …
Hong Kong’s communications watchdog has given the city’s biggest free-to-air broadcaster, TVB, approval to sell a minority stake to a financial firm as part of an exercise to raise HK$109.4 …
WASHINGTON: Some of Donald Trump’s allies are assembling proposals to curtail the Justice Department’s independence and turn the nation’s top law enforcement body into an attack dog for conservative causes, …
Tata Motors is planning to hive off its vehicle financing subsidiaries under Tata Motors Finance Ltd by way of a merger with Tata Capital, to streamline its operations and deleverage …
China’s Ping An Insurance Group, the biggest Asian investor in HSBC, did not support reappointing HSBC CEO Noel Quinn as a director to the bank’s board at its shareholder meeting, …
By March 2023, Alibaba had lost three quarters of its value from the peak in October 2020, as the e-commerce giant, once seen as China’s answer to Amazon.com, faces questions …
Embattled Chinese property developer Country Garden Holdings downplayed the possibility of a liquidation after it hired a financial advisory firm to assess the amount of money creditors could recover in …