BLOOMBERG  China Evergrande New Energy Vehicle (NEV) Group Ltd warned it may have to stop making electric cars if it can’t obtain new financing, having delivered just 900 of its much-delayed flagship model. The company said it is seeking to cut costs by reducing staff numbers and improving management efficiency. However, “in face of the inability to obtain additional liquidity, ...

BLOOMBERG  Japan ended restrictions on exports to South Korea of three key compounds used in the manufacture of semiconductors and displays, in the latest step towards improving long fractious ties between the two US allies. The Ministry of Economy, Trade and Industry announced the move to officially ease licensing requirements on fluorinated polyimide, hydrogen fluoride and photoresists, adding the move ...

BLOOMBERG  Tencent Holdings Ltd surged more than 8%, the most in about four months, as traders cited unsubstantiated talk that newly installed Premier Li Qiang toured the Chinese social media leader’s headquarters. Guizhou Party Secretary Xu Lin visited the Chinese company’s offices, according to the official WeChat account of a Guizhou state media outlet. Li, Xi Jinping’s top deputy, didn’t ...