PwC is hemorrhaging clients after the company became embroiled in Evergrande’s financial fraud case. The Shenzhen-based developer, which used PwC as its auditor for 14 years until 2023, was found by ... ( read original story ...)
A Chinese artist hits another setback in a Garment District condo-conversion bid
The Society House faces a tall stack of unpaid bills. Queens-based Millstone Construction, for instance, says the Chens still owe the company $1.6 million, according to court filings, though the Chens ... ( read original story ...)
China Central Bank to Maintain Yield Curve, Correct Bond Risks, State Media Says
SHANGHAI (Reuters) - China's central bank is determined to maintain a normal upward-sloping yield curve and correct bond-market risks, the bank-backed Financial News reported late on Friday, citing ... ( read original story ...)
Shanghai Masters 2024 prize money: How much is on offer for snooker stars at lucrative non-ranking event?
SNOOKER’S biggest stars will compete for a share of a lucrative prize fund as well as the Shanghai Masters title this month. Ronnie O’Sullivan heads to China as the defending champion ... ( read original story ...)
Shanghai to further promote NEV sales and second-hand market
The new action plan in Shanghai will promote the resale of new-energy vehicles, with the used car market being revitalized through favorable measures and regulations. Shanghai will add another 10,000 ... ( read original story ...)
Huawei takes wireless to hyper-speed with 5.5G
HUAWEI Technologies, the China-based digital telecommunications technology company, is following through on its bet to commercialise its intermediate 5.5 generation (5.5G) as well as its 6th ... ( read original story ...)
Stock market today: Asian stocks mixed with volatile yen after Wall Street rises on inflation report
Hong Kong’s Hang Seng index climbed 2.4% to 18,260.91 and the Shanghai Composite index rose less ... That’s a major move for the bond market and provides a big lift for stock prices. All told, the S&P 500 fell 0.9% to 5,584.54. The Dow rose 0.1% ... ( read original story ...)