Asian shares mainly drifted lower Tuesday as investors continued to fret over China Evergrande Group's unsolved debt crisis and eyed the potential impact of a widening power shortage in China. In early trade Tuesday, Australia's benchmark S&P/ASX200 index was down nearly 1%, while Japan's Nikkei was off 0.6%. China's blue chip index CSI300 edged up 0.1% at the open, as Hong Kong's Hang Seng Index gained 0.44%.
(Bloomberg) -- Bonds in India may be poised for gains after the government refrained from adding to its near-record borrowing plan for the year, bringing relief to the market battered by rising Treasury yields and oil prices. Most Read from BloombergHow Los Angeles Became the City of DingbatsWhy the Gaza Strip May Be the City of the FutureThe Rise of the Pandemic DashboardSchool Reopenings Falter as U.S. Kids Near 1 Million Covid CasesA Jewish Tradition Makes Room for Unconventional DesignThe ad
Cynthia Bailey is departing The Real Housewives of Atlanta after 11 seasons on the Bravo reality series. The model, actress and TV personality confirmed the news on Instagram earlier today. “After much thought and consideration, I have made the very difficult and heartfelt decision not to return for the next season of Real Housewives of Atlanta,” […]
(Bloomberg) -- The world’s second-biggest economy is caught in the grips of a widening power shortage that’s threatening to stymie growth and further tangle already snarled global supply chains.Most Read from BloombergHow Los Angeles Became the City of DingbatsWhy the Gaza Strip May Be the City of the FutureThe Rise of the Pandemic DashboardSchool Reopenings Falter as U.S. Kids Near 1 Million Covid CasesA Jewish Tradition Makes Room for Unconventional DesignAt least 17 Chinese provinces and regi
Profits at China's industrial firms grew at a weaker pace in August from a year earlier, slowing for a sixth consecutive month, as manufacturers struggled with high commodity prices, COVID-19 and shortages in some key components. Profits rose 10.1% on year to 680.3 billion yuan ($105 billion) last month compared with a 16.4% gain in July. For the January-August period, industrial firms' profits rose 49.5% year-on-year to 5.61 trillion yuan, slowing from a 57.3% increase in the first seven months of 2021.
Kepler Interactive, a game publisher co-owned and run by developers, on Tuesday said it got $120 million in funding from Chinese gaming firm NetEase Inc. The group, formed with seven gaming companies including Alpha Channel and Sloclap, plans to offer game studio founders to become co-owners, share resources and financial gains, while being charge of their own studios. "We have a studio committee, which meets on a weekly basis, they get involved in major company decisions, but they don't get involved into individual studio decisions, so the studios remain independent," CEO Alexis Garavaryan said in an interview.
Feature debutant Natesh Hegde’s “Pedro,” which has its world premiere at Busan’s New Currents strand and has subsequent play dates at the BFI London Film Festival, explores the theme of outsiders in society. The titular Pedro is a taciturn electrician in a forest village in the foothills of western India. He also does odd jobs […]
R Kelly found guilty on racketeering and sex trafficking charges. Jury finds singer guilty of running a criminal enterprise that recruited women and children and subjected them to unwanted sex and mental torment
Few NRL clubs embody their lineage more than grand finalists PenrithThe links between the 2021 Panthers and their two premiership-winning predecessors are prolific Panthers Brian To'o and Stephen Crichton celebrate Penrith’s preliminary-final win over Melbourne Storm on Saturday. Photograph: Bradley Kanaris/Getty Images