Country Garden Shares Drop after 300M Share Sale Scrapped

HONG KONG, Aug 1 Reuters Shares of debtladen Chinese property giant Country Garden fell on Tuesday after it scrapped a share placement to raise 300 million, citing internal considerations though bookrunners said the sale was fully covered. Shares and bonds in Country Garden have come under pressure recently due to liquidity concerns, and investors were worried […]
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Yen at 3Week Low as Traders Weigh BOJ Shift; RBA Stands Pat

SINGAPORE, Aug 1 Reuters The yen slipped to a fresh threeweek low on Tuesday as the Bank of Japan39;s steps last week to tweak its yield curve control policy weighed on the currency, while the Australian dollar fell after the Reserve Bank of Australia left cash rates unchanged. Australia39;s central bank on Tuesday held interest rates at […]
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China Curbs Exports of Drone Equipment amid U.S. Tech Tension

BEIJING, July 31 Reuters China on Monday announced export controls on some drones and dronerelated equipment, saying it wanted to safeguard national security and interests amid escalating tension with the United States over access to technology. The restrictions on equipment including some drone engines, lasers, communication equipment and antidrone systems would take effect on Sept. […]
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Chinas State Council Issues Measures to Expand Consumption

BEIJING, July 31 Reuters China39;s State Council on Monday issued measures to restore and expand consumption in the automobile, real estate and services sector, aiming to give full play to the fundamental role of consumption in economic development. The State Council said in a document the government will improve the infrastructure for charging to promote […]
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