U.S. meat and processed food maker Tyson Foods plans to sell its China poultry business, three people with knowledge of the matter said, in the latest case of a multinational firm looking to divest ... ( read original story ...)
Shanghai sees foreign trade growth in Jan.-July
Shanghai's imports of consumer goods and bulk commodities rose rapidly from January to July as domestic demand continued to grow. It imported 329.12 billion yuan of consumer goods, up 13.5 percent ... ( read original story ...)
China Development Bank plans to raise overseas dollar debt to fund onshore liquidity
China Development Bank said late Wednesday it plans to raise overseas dollar debt to increase onshore dollar liquidity after the country's central bank relaxed rules last month to allow firms and ... ( read original story ...)
Tyson Foods Plans to Sell China Poultry Business: Sources
The company has hired Goldman Sachs to advise on the sale and sent preliminary information to potential buyers including a number of private equity firms, ... ( read original story ...)
Stock market today: Asia follows Wall Street lower after Fed’s notes dent hopes of rate hikes ending
Asian stocks have followed Wall Street lower after notes from a U.S. Federal Reserve meeting dented hopes interest rate hikes are finished ... ( read original story ...)
China’s troubled $188 billion shadow bank plans debt restructuring, taps KPMG
SHANGHAI - The Chinese shadow banking giant whose liquidity crisis has fanned fears about financial contagion is planning to restructure its debt and has hired KPMG to conduct an audit of its balance ... ( read original story ...)
Book fair returns to Shanghai with record attendance
The 2023 Shanghai Book Fair, which returned to the Shanghai Exhibition Center on Wednesday, is set to reach record attendance both online and offline. ( read original story ...)