Trapped in Hong Kong by Zero-Covid

The Chinese Communist Party contained Covid but now can't relinquish a policy that is doomed to fail.

Kaisa Freeze Intensifies Near -20% Losses for Chinese Developers

After Kaisa was unable to make payments due on a wealth-management fund it sold to retail investors, it requested a trading halt in four linked companies.

Yahoo, Fortnite Retreat from China

More representatives of U.S. Big Tech are waving the white flag as Chinese operating costs soar.

Japanese Stocks Jump as Ruling Party Confounds Election Doubts

New Prime Minister Fumio Kishida will have no excuses if he does not push ahead with a bid to revitalize the world's third-largest economy.

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.