China, the world’s largest importer of energy, has so far weathered the global energy shock brought on by war in the Gulf well compared with some of its Asian neighbors.
China: Evergrande property developer founder pleads guilty
China's property developer giant has become its also its most indebted and defaulted on most of its liabilities and payments in 2021. Founder Hui Ka Yan "pleaded guilty and expressed remorse," the ... ( read original story ...)
Founder of China’s Evergrande pleads guilty to fraud
Hui Ka Yan, the founder of embattled Chinese property developer Evergrande, has pleaded guilty to a number of charges including embezzlement of corporate assets and corporate bribery, according to a ... ( read original story ...)
China Evergrande founder Hui Ka Yan pleads guilty to fraud
China Evergrande founder Hui Ka Yan pleads guilty to fraud in a Shenzhen court, marking a key moment in the fallout from the developer’s $300 billion debt crisis that shook China’s property sector ... ( read original story ...)
Nepal’s AI policy exists: But is Nepal ready?
More than 60 countries, including our neighbours, have already published national strategies on Artificial Intelligence regarding how AI will be developed, regulated, and used within their borders.
Iran war hurting global economy as IMF meeting begins; oil falls on peace hopes – business live
Rolling coverage of the latest economic and financial news ...
China Imposes New Rules to Block Foreign Companies From ‘Decoupling’
Multinationals in China are concerned that the regulations could allow authorities to penalize companies and executives for shifting supply chains away from the country.
China exports growth in March misses estimates, imports surge most in over four years
China's export growth slowed in March as manufacturers grappled with surging energy costs, with the Iran war disrupting supplies, while imports jumped more than expected.
The Bank Resolution Act threatens to undo Bangladesh’s hard-earned reforms
On April 10 this year, the parliament approved a legislative amendment to the Bank Resolution Act, 2026, which may undo months of banking reform and painful adjustments. Under the revised act, former ...
Pakistan says all options on table for funding, weighs strategic fuel reserve
By Libby George WASHINGTON, April 13 (Reuters) - Pakistan is considering Eurobonds, loans from other countries and commercial debt to replace a $3.5 billion facility from the United Arab Emirates (UAE ...