The 1-year loan prime rate was lowered by 10 basis points to 3.45%, while the five-year LPR was left at 4.2%, suggesting policymakers fear downward pressure on the yuan and capital flight

Luna-25, the Russian spacecraft sent on the country's first mission in 47 years, spun out of control and crashed into the moon on Saturday, officials said

Biden's success in bringing old enemies together had created a trilateral mechanism to deal with security threats, expanded military exercises and increased missile cooperation

PBOC vows on Sunday to coordinate support to ensure local government debt problems are reduced, amid fears that the deepening property crisis is spilling over into the financial sector

A Bangladeshi bank that handles most bilateral trade with Myanmar has frozen the accounts of two key Myanmar banks as US sanctions tighten the taps on the junta's financial resources

The drills are a warning to 'separatists', Beijing says. But Taipei says they aim to scare people from voting for Lai in the poll in January

US President wants to visit to Hanoi in mid-September to sign a strategic partnership pact with Vietnam to bolster economic and security ties, sources say

The finding coincides with news that New York City has banned the Chinese social media app on government devices because of security concerns

Hedge fund boss said China needed to slash its debts as "burdensome debt service payments are freezing the economy, especially at the provincial level"

Debt-laden Chinese builder seeks protection via the US bankruptcy code, which shields non-US firms undergoing restructuring from creditors that hope to sue them or tie up assets in the US

Some China watchers say Xi's focus on security is scaring off the money Beijing is trying to attract. Others say the country is making a painful transition away from its debt-fuelled growth-at-all-costs policy

Zhongzhi Enterprise Group, which manages over $137 billion in assets, has hired a top accounting firm to help it deal with a liquidity crisis. Its Zhongrong Trust has stopped payments to investors