IBT Staff Reporter

Cash-strapped Chinese developer Kaisa Group said a lockdown in Shenzhen had meant audit work has not been completed and it would not be able to publish its financial results by March 31, sending its shares tumbling.

Cash-strapped Kaisa Group Holdings Ltd has joined a growing list of Chinese property developers unable to publish 2021 audited earnings by March 31 as required by listing rules, deepening market concern about the sector's financial health.

Chelsea sanctions prompt soul-searching over football finance

Asian equities hit three week highs on Wednesday as cash fleeing tumbling bond markets flowed back toward big tech and other beaten-up sectors, while the Ukraine conflict's potential to further hit supplies kept oil and commodity prices high.

Asian equities hit three week highs on Wednesday as investors fled a meltdown in bond markets and sought refuge in cash, carry trades and beaten-down sectors such as technology, while the Ukraine conflict's threat to supplies kept oil prices firm.

World stocks climbed to five-week highs on Wednesday as investors ignored a broadening selloff in global bond markets fuelled by a combination of soaring inflation and hawkish comments from U.S.

Wall Street pushed stocks and Treasury yields down on Wednesday after both had powered higher earlier in the week as investors took in the strength of the economy and hawkish comments from U.S.

Oil prices turned higher on Wednesday, erasing losses from the previous session, after industry data showed U.S.

Oil prices rose on Wednesday as a reported drop in U.S. crude inventories increased concerns about tight global supplies amid the hit to Russian exports from economic sanctions.

Oil prices rose on Wednesday amid volatile trading on increasing concerns of global supply tightness from sanctions imposed on Russia, the world's second-largest oil exporter, and on signs that exports from Kazakhstan may be disrupted.

Oil prices rose in volatile trading on Wednesday, supported by disruption of Russian and Kazakh crude exports via the CPC pipeline.

Oil prices rose in volatile trading on Wednesday, supported by disruption to Russian and Kazakh crude exports via the CPC pipeline.

Ash Barty sent shockwaves around the tennis world on Wednesday when she abruptly announced her retirement at the peak of her game and just two months after claiming a third Grand Slam title at the Australian Open.

Moderna Inc is sponsoring sumo flags in its first such promotion in Japan, as the COVID-19 vaccine maker seeks to wrestle market share from compatriot Pfizer Inc.

Banks in Asia are "falling short" when it comes to meeting global pledges to tackle climate change and aligning with the decarbonisation aims of their countries, according to a study published on Wednesday.

Biden in Europe to bolster West's unity, toughen Russia sanctions

U.S. cannabis producer Cresco Labs Inc is in advanced talks to buy rival Columbia Care Inc for around $2 billion, three people familiar with the matter said on Tuesday.

Heavy rain in southern China on Wednesday halted the search for victims and flight information black boxes that could tell why a China Eastern Airlines passenger plane plunged into a mountainside two days earlier with 132 people on board.

Chinese emergency workers found on Wednesday one of two black boxes from a China Eastern Airlines plane that crashed this week in forest-clad mountains with 132 people onboard, the aviation regulator said.

Chinese emergency workers found on Wednesday one of two black boxes from a China Eastern Airlines plane that crashed this week with 132 people onboard, and the United States said its investigators had been invited to the crash site.

Chinese emergency workers found on Wednesday one of two black boxes from a China Eastern Airlines plane that crashed with 132 people onboard, but U.S.

The Australian dollar marched higher and the Japanese yen continued its slide on Wednesday, as markets turned more positive on riskier assets and high commodity prices drove developments.

The Australian dollar stood tall while the yen slumped further as higher energy prices continued to drive moves in foreign exchange markets on Wednesday.

The e-commerce behemoth, one of the biggest employers in the United States, so far has kept itself union-free in its home market.

Canada's Arctic security moves to forefront after Russian invasion of Ukraine

Authorities in the Chinese city of Shanghai have denied rumours of a city-wide lockdown after a sixth straight increase in daily asymptomatic coronavirus cases pushed its count to record levels despite a campaign of mass testing aimed at stifling the spread.

Guatemala's Supreme Court of Justice said on Tuesday it has suspended Judge Pablo Xitumul, who is known for his fight against corruption and handling high-profile cases against the military and former government officials.

New Zealand's government said on Wednesday it would lift vaccine mandates for a number of sectors including teaching and police from April 4 as the current COVID-19 outbreak nears its peak.

Michelin fetes 'resilient' French cuisine but calls for more women