TOKYO/HONG KONG — China’s move to tighten its grip over Hong Kong is rocking the semi-autonomous Chinese city. Investment by foreign countries to and from Hong Kong totals $4 trillion, or more than half of the investment between China and other countries. If this flow is disrupted due to destabilization, […]
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ANA secures $8.8bn in credit, easing cash flow concerns
TOKYO — Japan’s ANA Holdings said Tuesday that it had secured 950 billion yen ($8.8 billion) in loans to help it weather the coronavirus crisis rocking the global aviation industry. “There is absolutely no concern on cash flow for a while,” ANA executive vice president Ichiro Fukuzawa told reporters at […]