A unit of HNA has defaulted on a loan they took you just seven months ago. This comes against the backdrop of warnings from a lot of analysts that we
See Original Article

Automotive supplier Aptiv is again expanding its automated driving test and development efforts. Following on its programs in the U.S. and Singapore, Aptiv is now opening a new mobility R&D facility in Shanghai, China. Aptiv and its predecessor companies …
See Original Article

Gold prices stayed below the key $1,280 level on Wednesday, near a four-month trough, as better-than-expected economic readings from China lifted Asian shares and sharpened risk appetite, denting the metal’s safe-haven appeal. Spot gold was steady at …
See Original Article

The New Zealand dollar was sharply lower but off its lows as positive economic data from China and euphoria over the government’s decision to can a capital gains tax helped cushion the impact of a weaker than expected inflation print. The kiwi was trading …
See Original Article

China’s stock markets have been on a tear so far this year, amid optimism about a possible trade deal with the U.S. and hopes that the economy may be bottoming out. As of Tuesday’s close, the Shanghai composite has skyrocketed more than 30 percent …
See Original Article