Jan. 29, 2025 04:09 AM EST
DUBAI, United Arab Emirates (AP) — An explosion has struck a Hong Kong-flagged container ship traveling north through the Red Sea, sparking a major fire that forced its crew to abandon the vessel, shipping industry officials said.
The ship was drifting and ablaze about 225...
Jan. 20, 2025 05:03 AM EST
HONG KONG (AP) — Embattled Chinese property developer Country Garden expects to reach a deal with its creditors in February to restructure billions of dollars in debt, the company’s lawyer told a Hong Kong court Monday.
One of the largest Chinese real estate companies, Country...