Emerging Markets
LATEST NEWS FROM EMERGING MARKETS
Emerging Markets
China unveils blueprint to improve life in its cities
China unveiled a policy blueprint on Thursday aimed at creating cities by 2035 with a greater focus on quality of life, the official Xinhua news agency reported.
Emerging Markets
Chinese commerce ministry confirms Washington visit by trade envoy
China's trade representative Li Chenggang is in Washington this week for discussions with U.S. officials, according to the Chinese commerce ministry on Thursday.
Emerging Markets
Berlusconi-backed MFE set to clinch Germany's ProSieben after PPF sells stake
MediaForEurope (MFE) is set to take control of ProSiebenSat.1 after Czech investment group PPF on Wednesday said it would sell its stake in the German broadcaster to the TV group c...
Emerging Markets
Taiwan prosecutors indict three people for stealing TSMC trade secrets to help its supplier Tokyo Electron
Taiwan prosecutors said on Wednesday that they indicted three people for theft of trade secrets from chipmaker TSMC , accusing them of conspiring to use the information to help Jap...
Emerging Markets
South Korea's top shipbuilder to acquire affiliate to tap US demand under Trump
South Korea's HD Hyundai Heavy Industries , the world's biggest shipbuilder, said on Wednesday that it plans to merge with its affiliate HD Hyundai Mipo as it targets a bigger slic...
Emerging Markets
Taiwan's Yageo expects Japan national security clearance for $740 million Shibaura buyout
Taiwan's Yageo said on Wednesday it expects to obtain a national security clearance from Japan for its proposed $740 million buyout of Shibaura Electronics after concluding discuss...
Emerging Markets
China calls on state-owned firms to boost industrial aid to Tibet
Chinese state-owned enterprises should deepen industrial aid to Tibet, including increasing infrastructure investment and development, China's state assets regulator said in a stat...
Emerging Markets
Former VP of China's Agricultural Bank sentenced to life in prison, report says
Lou Wenlong, the former vice president of China's Agricultural Bank, was sentenced to life in prison over his role in accepting bribes, state broadcaster CCTV reported on Monday.
Emerging Markets
Chinese automaker Chery reduces supplier payment time to 47 days on average
Chinese automaker Chery said on Monday it had shortened the average payment period to suppliers to an average of 47 days.
Emerging Markets
Shanghai relaxes home buying restrictions for eligible families
Shanghai on Monday announced adjustments to its real estate policies, removing restrictions on the number of homes eligible families can buy outside the city's outer ring road.
Emerging Markets
JPMorgan agrees to pay Malaysia $330 million to settle 1MDB claims
JPMorgan Chase will pay the Malaysian government $330 million to settle matters related to its role in the multibillion-dollar scandal at state fund 1MDB, both parties said on Frid...
Emerging Markets
China eyes agricultural, mining cooperation with Pakistan, foreign minister says
China is willing to cooperate with Pakistan in industry, agriculture and mining, Foreign Minister Wang Yi told Pakistani counterpart Ishaq Dar in Islamabad on Thursday, according t...
Emerging Markets
Taiwan's Yageo sweetens offer for Japan's Shibaura, security clearance key
Taiwan's Yageo on Thursday raised its tender offer price for Japan's Shibaura Electronics by 7% to 6,635 yen a share to outbid a rival offer as it awaits national security clearanc...
Emerging Markets
China allocates 100 bln yuan to businesses affected by natural disasters
China's central bank on Tuesday said it would allocate 100 billion yuan ($13.93 billion) of re-lending quota to support businesses hit by natural disasters, especially small busine...
Emerging Markets
Xpeng granted 10 billion yuan credit from China Citic Bank
China Citic Bank will grant Xpeng 10 billion yuan ($1.39 billion) in credit to support the electric vehicle maker's business operations and development, Xpeng said in a statement o...
Emerging Markets
Indian state refiners step up non-Russian oil purchases under Trump pressure
India's biggest state refiners Indian Oil Corp and Bharat Petroleum have bought at least 22 million barrels of non-Russian crude for delivery in September and October, trade source...
Emerging Markets
Chinese bank lending likely plunged in July as seasonal factors outweigh policy support: Reuters poll
New bank loan issuance in China likely plunged in July from June, a Reuters poll showed on Thursday, weighed down by weak credit demand and seasonal factors even as the central ban...
Emerging Markets
China's Li Auto consolidates electric SUV lineup one week after launch
Chinese carmaker Li Auto said on Tuesday it has replaced three variants of its i8 electric SUV with a single version priced at 339,800 yuan ($47,300), a week after the line-up's la...
Emerging Markets