State banks cut rates on yuan deposits by 5bps on Thursday, and 3-year and 5-year time deposits by 15bps. The move could cut lending costs and ease pressure on profit margins
Foreign inflows of $4.4 billion went into Taiwanese stocks and $3.1 billion into South Korean equities in May amid surge of interest in beneficiaries from artificial intelligence boom
Japan plans to spend $107 billion over the next two decades to boost the production of hydrogen fuel by six times more than planned, it said on Tuesday
Economic challenges and geopolitical tensions have made fundraising difficult, with investment in China by global players in particular slowing
Exports slumped 7.5% year-on-year in May, data from China's Customs Bureau showed on Wednesday, the biggest decline since January. Imports also fell by 4.5%.
China will have room to reduce interest rates and the reserve ratio that banks must hold in the second half of this year, a state daily reported on Tuesday
US regulator's move, filing 13 charges against Binance and its CEO Changpeng Zhao, has hit public faith in crypto trading, and led to a wave of withdrawals from the group's exchanges
TSMC's workplace culture has come in for criticism by former workers, but the tech giant says hiring of staff for its new facilities in Arizona is on track
OpenAI CEO Sam Altman predicted Israel, a country ranked high for machine learning systems, will the right balance between innovation, human rights and civic safeguards
Revenue last month reached T$450.7 billion ($14.7 billion), in line with its expectations, though it was up 5% compared with April
Study of municipal finances shows 102 cities made payments accounting for 10% or more of their resources in 2022; debt obligations are so high it is limiting state capacity to boost the economy
Weak economic data, widening yield differentials with the US, and capital outflows through foreign selling of stocks and bonds have dragged currency down to six-month lows to the dollar