Retailers and manufacturers are overordering or placing orders too early as they panic over the supply chain crisis, and that’s not helping, experts told CNBC.
Evergrande made little progress toward complying with China’s crackdown on real estate debt until it was too late for investors who put money into its offshore bonds.
China’s third-quarter GDP grew a disappointing 4.9% as industrial activity rose less than expected in September.
The measure is a relief for large airlines like Delta, United and American, which have struggled to return to profitability.
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The Federal Open Market Committee on Wednesday released minutes from its Sept. 21-22 policy meeting.
China reported disappointing growth in imports in September, while exports beat expectations, according to data released Wednesday by the customs agency.
Most of India’s coal-fired power plants have critically low levels of coal inventory just as the economy is picking up and fueling electricity demand.
Analysts said the antitrust fine has removed an “overhang” over food delivery giant Meituan and the company’s shares rallied more than 7% in Hong Kong trade.