JPMorgan Chase & Co.’s asset management arm said Friday it has reached an agreement with its partner to take full ownership of a Chinese mutual fund joint venture, reported Caixin. JPMor... Read more
China’s light vehicle production will drop 11.5% this year to around 21.6 million vehicles and will rebound by 7.5% next year, research firm IHS Markit predicted on Monday, reported Reuters.... Read more
Goldman Sachs said it would seize and sell Luckin Coffee shares from the chairman of the scandal-hit chain after he defaulted on the terms of a $518 million margin loan, reported the Financi... Read more
The European Union will impose tariffs of up to 99.7% on glass fiber producers in China and Egypt that it accuses of selling at unfairly low prices, in a closely watched and rare case involv... Read more
US President Donald Trump gave a qualified endorsement to Beijing’s efforts to fulfill the first phase of a trade deal that the two sides reached in January, reported the South China Morning... Read more
