Reuters Asia

Number of Chinese kindergartens drops in 2022 for first time in 15 years-media

HONG KONG (Reuters) – The number of kindergartens in China has dropped for the first time in 15 years, falling by more than 5,000 on the previous year, financial news outlet Yicai reported, citing data from the country’s Education Ministry. Concerns about China’s shrinking population have prompted more than 20 recommendations by members of the …

Number of Chinese kindergartens drops in 2022 for first time in 15 years-media Read More »

Indian market watchdog speeds up action against social media stock tips – sources

By Jayshree P Upadhyay (Reuters) – India’s market regulator is to take action against at least four companies alleged to have been pushing stock tips via social media without authorisation, documents reviewed by Reuters showed and two sources with direct knowledge of the matter said. The regulator’s action, which follow four earlier orders passed in …

Indian market watchdog speeds up action against social media stock tips – sources Read More »

China property stocks fall after Evergrande debt revamp plan

HONG KONG (Reuters) – China Evergrande Group’s long-awaited offshore debt restructuring proposals failed to address investor concerns about the property sector’s prospects, sending shares of rival developers lower on Thursday. Evergrande, which has been at the centre of China’s property sector crisis, on Wednesday announced restructuring proposals for its $22.7 billion worth of offshore debt, …

China property stocks fall after Evergrande debt revamp plan Read More »