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HONG KONG -- China's securities regulator on Friday said it has penalized embattled developer China Evergrande Group for fraud related to the issuance of onshore bonds, although it appeared to be repeating what the developer itself had disclosed in March.
HONG KONG -- Tencent Holdings has been asked by China's regulators to lower the mobile payment market share of its ubiquitous WeChat app, three sources briefed on the matter told Nikkei Asia.
SINGAPORE -- Philippine President Ferdinand Marcos Jr. condemned maritime aggression in the South China Sea at one of the region's biggest security forums, without naming China.
MOSCOW (Reuters) -- The Kremlin said on Friday that Moscow supported China's refusal to take part in a peace summit on Ukraine next month in Switzerland because it was futile to hold such an event without Russia's participation.
SINGAPORE -- Ukrainian President Volodymyr Zelenskyy is expected to attend Asia's largest defense forum this weekend in Singapore, at a critical moment in his country's war against Russia.
WASHINGTON (Reuters) -- The United States is imposing new visa restrictions on Chinese and Hong Kong officials over guilty verdicts in the national security law trial of pro-democracy organizers in Hong Kong, the State Department said on Friday.
While analysts say such a move would have little chance of being heard in an international court, it could highlight China’s ecological irresponsibility.
China has fined China Evergrande's onshore flagship unit 4.18 billion yuan ($577 million) for fraudulent bond issuance and illegal information disclosure, the China Securities Regulatory Commission (CSRC) said on Friday.