The Hong Kong High Court has frozen a bank account containing $1.8 billion amid a legal battle over the inheritance of the Zong Qinghou, late founder of China's leading beverage giant Hangzhou Wahaha ... ( read original story ...)
Stocks Tumble as Investors Grapple With the Rising Cost of Trade
President Trump’s newest barrage of tariffs, major corporate earnings reports and an imminent reading on the U.S. labor market weighed on markets. ( read original story ...)
Michael Kodari Expands International Operations as KOSEC-Kodari Securities Establishes New Base in China’s Financial Capital
In line with Michael Kodari’s strategic visit to China and his longstanding collaboration with senior government officials, KOSEC – Kodari Securities has officially opened a new regional office in ... ( read original story ...)
HSBC India profit rises 17% in first six months of 2025
HSBC reported a 17% rise in H1 2025 profit before tax in India, driven by strong corporate and institutional banking growth. India is now HSBCs third-largest global profit contributor after Hong Kong ... ( read original story ...)
Shanghai: Typhoon Co-May hits; over 2.8 lakh evacuated as storm lashes with rain and high winds
China faces severe weather as Typhoon Co-May hits Shanghai, prompting evacuations of 283,000 people. The storm brings heavy rains and strong winds, leading to flight cancellations and emergency ... ( read original story ...)
Shanghai grapples with threat of tropical cyclone Co-May
The impact of the storm also coincides with a tsunami triggered by an earthquake off Russia's Kamchatka Peninsula, about 4,000km from Shanghai. ( read original story ...)
IPO: gold miner Shanjin plans Hong Kong listing amid record prices for precious metal
Shanjin, whose shares are listed in Shenzhen, was the sixth largest producer and fourth most profitable gold miner based on its 2023 performance, according to the China Gold Association. The company ... ( read original story ...)