Shares of China Vanke jumped after key management changes fueled hopes that the government is stepping in to rescue the troubled property developer.

S&P 500 E-Mini futures (ESH25) are down -2.43%, andMarch Nasdaq 100 E-Mini futures (NQH25) are down -3.78% this morning as ...

Also in today’s newsletter, Vanke’s crisis reignite fears for China’s property sector, and Tesla sues EU over tariffs on EVs from China ...

Guinness is an outlier in Diageo's business, which consists mostly of spirits rather than beer, but its performance recently ...

Asia market update: Trump continues to comment on tariffs, USD gains; Quiet session for Nasdaq FUTs after prior rout; CN ...

India's Adani Total Gas reported a 20% fall in third-quarter profit on Monday, hurt by higher gas purchase costs following ...

China Vanke, one of the country’s largest developers, cleared out its top executives and said it anticipates a $6.2 billion loss, a sign the property meltdown is still raging. By Alexandra ...

(Bloomberg) -- China Vanke Co. has been thrown a lifeline by state authorities, a rare show of support that signals the developer may be too big to fail even after dozens of property firms ...

HONG KONG (Reuters) -Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng stepped down as it forecast a record $6.2 billion net loss for 2024, as concerns over ...

(Bloomberg) -- China Vanke Co. has been thrown a lifeline by state authorities, a rare show of support that signals the developer may be too big to fail even after dozens of property firms defaulted ...

A China Vanke logo is seen at a gate of a construction site in Shanghai, China, on Mar 21, 2017. (Photo: REUTERS/Aly Song) 27 Jan 2025 05:56PM (Updated: 27 Jan 2025 07:41PM) ...