Morgan Stanley has laid off about 9% of its staff at its asset management business unit in China, two people with direct knowledge of the matter said, as
British insurer and asset manager Legal & General has shelved a plan to obtain a China business license and more than halved onshore headcount, two
Chinese regulators are inspecting the use of a cross-border mechanism to invest in debt-laden local governments' offshore bonds, two sources said, indicating a ramping
Country Garden has told some of its offshore creditors it plans to present a debt restructuring proposal in the second half of this year, two sources said
Shares of Chinese property developers rallied on Monday on speculation more stimulus measures are likely to be unveiled this week aimed at clearing
When China's local governments began compiling a "whitelist" of housing projects for loans earlier this year, troubled developers hoped it would open a
Shares of Chinese developers wobbled on Monday as investors fretted that China's "historic" steps to stabilise its crisis-hit property sector fell short of
A major geopolitical conflict is the top risk for global family offices in both the near- and medium-term, while North America and Asia Pacific are set to become the
Japanese stocks were in focus at a hedge fund conference this week, accounting for most of the top Asia investment ideas as asset managers highlighted
Embattled Chinese property developer China Vanke said on Monday it had completed the sale of a plot of land in Shenzhen for 2.24 billion yuan ($309.23
A group of creditors of China South City has filed a lawsuit in Hong Kong against the developer's biggest state-owned shareholder to recover $1.4 billion, according to
Hong Kong investment products such as insurance and high-yield time deposits are seeing resurgent demand from wealthy Chinese who are aiming to shield returns from a
Lawyers appointed by the liquidators of China Evergrande Group are investigating some of the property developer's service providers including its former auditor
The chairman of defaulted Chinese developer Kaisa Group returned to mainland China from Hong Kong for the first time in almost a decade to get regulatory
Just a few years ago, lucrative business prospects in China on the back of a booming economy led to a scramble among Western financial firms, from
Shimao Group has sweetened its offshore debt restructuring terms to garner support from creditors, said three sources, as the Chinese property developer
PricewaterhouseCoopers (PwC) has named in-house executive Daniel Li as its new China head, a move that comes as it faces investigations by financial regulators in
China's Ministry of Finance is conducting more rigorous checks of work done by the Big Four auditing firms for local companies, three people with knowledge
An investor has filed a petition in a Chinese court to liquidate a major onshore unit of heavily indebted property developer China Evergrande, a stock filing by the
Ernst & Young (EY) and KPMG have snapped up over half of PwC's corporate clients in China that have fled the market's leading accounting firm as it faces
China and Hong Kong are set to expand a pilot wealth scheme that allows residents to invest cross-border by adding the first batch of 10 securities firms,
A $5.64 billion offshore debt restructuring plan by China state-backed property developer Sino-Ocean Group's has only got support from less than 30% of
Offshore creditors of China Evergrande might be able to increase their chance of recovering funds if they can prove the property developer is due money
Chinese regulators will likely impose a six-month business suspension on a big part of PricewaterhouseCoopers' auditing unit in mainland China, as a
Bank of Singapore aims to grow its business in the Middle East with the region contributing up to 20% of its overall revenue and private
Trump has begun another trade war. Here's a timeline of how we got here
Canada's leader laments lost friendship with US in town that sheltered stranded Americans after 9/11
Chinese EV giant BYD's fourth-quarter profit leaps 73%
You're an American in another land? Prepare to talk about the why and how of Trump 2.0
Chalk talk: Star power, top teams and No. 5 seeds headline the women's March Madness Sweet 16
Purdue returns to Sweet 16 with 76-62 win over McNeese in March Madness
