Xiaomi EV Sales Fall After Deadly Crash, False Advertising Claims May 15, 2025 By Bloomberg News Xiaomi Corp. electric vehicle sales in China have taken a hit since March after a fatal highway accident and consumer...
Russia Emergency Services Work to Prevent Pacific Oil Spill February 11, 2025 By Bloomberg News An emergency response team in Russia’s Pacific port of Nevelsk is preparing to pump out fuel from a Chinese bulk...
China Frees Possible $27 Billion From Insurers to Buy Gold February 10, 2025 By Bloomberg News A pilot program in China that allows insurers to buy gold for the first time could free up billions of...
China Guides Mutual Funds, Insurers to Invest More in Stocks January 23, 2025 By Bloomberg News China is guiding local mutual funds and insurers to boost their stock purchases in the government’s latest initiative to shore...
UK Expands Sanctions Against Russian Oil Fleet and Its Insurers November 25, 2024 By Bloomberg News The UK government expanded its sanctions against Russia’s energy industry on Monday, blacklisting dozens of tankers responsible for moving the...
Russia’s Oil Tanker Firm Sovcomflot Says G-7 Sanctions Make Oil Trade Less Safe September 20, 2024 By Bloomberg News Russia’s state-run oil tanker company Sovcomflot PJSC said that western sanctions on ships moving the nation’s petroleum oil are only...
Shanghai Slammed by Strongest Typhoon to Hit City Since 1949 September 16, 2024 By Bloomberg News The strongest typhoon in more than seven decades has struck China’s financial hub, leading to widespread flight cancellations and disrupting...
Ping An Profit Rises Nearly 7% as Market Recovery Bolsters Returns August 23, 2024 By Bloomberg News Ping An Insurance (Group) Co. said profit rose nearly 7% in the first half, after a stock-market recovery helped bolster...
Update: Taiwan’s CTBC Financial Plans to Buy Rival Shin Kong August 20, 2024 By Bloomberg News Taiwan’s CTBC Financial Holding Co. said it plans to buy smaller rival Shin Kong Financial Holding Co., a move that...
China Evergrande Group’s Liquidators Start Legal Action Against PwC August 7, 2024 By Bloomberg News China Evergrande Group’s liquidators have launched court proceedings against PricewaterhouseCoopers LLP, another legal step to recover at least a fraction...