Evergrande Dodges Default Again But Investors Aren't Buoyed

Shareholders still risk being left with nothing from Evergrande stock as regulators tell Chinese developers to protect offshore bondholder interests.

China Faces Cold Winter With Coal Shortages, Power Cuts

The electricity crunch is likely to continue into next year in China, a largely self-induced crisis.

Evergrande Heads Off Default by Wiring Money on Offshore Bond

The troubled real estate developer has cobbled together the cash to make an overdue bond payment one day before the grace period expires.

Australia Mulls Legal Change to Make Company Meetings All-Online

The Australian government is working on a bill that would allow companies to hold 'hybrid' physical-and-digital corporate meetings.

China's Third-Quarter Growth Disappoints as Challenges Mount

Developer debt, coal shortages, power outages and record flooding mean "common prosperity" may be harder to achieve than President Xi thinks.

Microsoft Dismantling LinkedIn China Due to Bottom Line Issues, Not Morals

The tech giant doesn't want to risk its big cloud computing and software business in China over censorship traps that its social media jobs site faces.

Chinese Food App Meituan Shares Leap After US$535M Fine

The food-delivery operator Meituan has been penalized less than expected for abusing its market dominance, sending Chinese tech shares sharply higher.

Chinese Big Tech Bounces Back From Record Lows in Hong Kong

Alibaba shares and the Hong Kong tech index are both coming off all-time lows in Hong Kong. Whether that continues has little to nothing to do with business.

Japan's New Leader Promises Stimulus Spending and Tough Stance Abroad

With his popularity low, Japanese PM Fumio Kishida has called an early election to win a mandate, while pledging a 'new capitalism' to boost the middle class.

Evergrande to Sell Off Assets in Bid to Stay Afloat

Evergrande has reportedly struck a deal to sell 51% of its property-management arm, which would raise US$5.1 billion.