reuters.com

China Evergrande (3333.HK), which is the world’s most heavily indebted property developer and became the poster child for China’s property crisis, on Thursday filed for protection from creditors in a U.S. bankruptcy court....

Water bombers flew low over Yellowknife as thick smoke blanketed the capital of the vast and sparsely populated Northwest Territories. Officials say the fire, which is moving slowly, is now 15 km (10 miles) northwest of the city and could reach the outskirts by Saturday if there is no rain....

China Evergrande, which is the world’s most heavily indebted property developer and became the poster child for China’s property crisis, on Thursday filed for protection from creditors in a U.S. bankruptcy court.

Law enforcement officials were investigating threats related to former President Donald Trump’s election interference probe in Georgia, after the names and addresses of grand jury members were shared online, the local sheriff’s office said....

President Vladimir Putin’s economic adviser rebuked the central bank on Monday as the rouble slid past 101 per U.S. dollar, blaming its 30% year-to-date slump on loose monetary policy and revealing growing discord among Russia’s monetary authorities.

China’s major state-owned banks were seen busy selling U.S. dollars to buy yuan in both onshore and offshore spot foreign exchange markets this week, people with direct knowledge of the matter said, in an attempt to slow the yuan’s depreciation.

A federal judge has blocked the state of Hawaii from enforcing a recently enacted ban on firearms on its prized beaches and in other areas including banks, bars and parks, citing last year’s landmark U.S. Supreme Court ruling expanding gun rights.

China’s major state-owned banks were seen busy selling U.S. dollars to buy yuan in both onshore and offshore spot foreign exchange markets this week, people with direct knowledge of the matter said, in an attempt to slow the yuan’s depreciation.

cross-posted from: lemmy.zip/post/1560901...

Archived version: archive.ph/ZGo6X...

cross-posted from: lemmy.ca/post/3430644...

cross-posted from: lemmy.ca/post/3430644...

Last week, two papers by South Korean scientists made an extraordinary claim that sparked a social media frenzy and pushed up prices of some stocks in China and South Korea: the discovery of a practical superconductor....

China’s fertility rate is estimated to have dropped to a record low of 1.09 in 2022, the National Business Daily said on Tuesday, a figure likely to rattle authorities as they try to boost the country’s declining number of new births.

cross-posted from: lemmy.zip/post/1462388...