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

The latest heatwave to hit Asia has set more temperature records in cities across China and parts of Southeast Asia

Refinitiv data shows foreigners sold $1.71 billion worth of mainland shares via Stock Connect in May, after selling $659 million in April

State media hailed the effort as "a landmark in China's deep-Earth exploration" that provides "an unprecedented opportunity to study areas of the planet deep beneath the surface".

Move was undertaken to sidestep a potential regulatory conflict stemming from its merger with UBS, which already has a locally incorporated bank in China, sources say

The key setback to Modi's chipmaking goal has been the inability of companies, bidding for $10 billion in incentives, to hook a major tech partner that can implement a prompt plan of action

Chinese president tells security chiefs on Tuesday that the "complexity and severity of national security problems faced by our country have increased dramatically"

Tech entrepreneurs say they're looking to base companies abroad, disillusioned with Xi Jinping's policies, and happy to play down their Chinese identity amid growing trade rivalry with the US

The manufacturing purchasing managers' index fell to a five-month low of 48.8, the Statistics Bureau said on Wednesday, while service sector activity was the slowest in four months

Government sources said the import tax may be halved, and GST cut, because local producers cannot meet the rising demand for renewable energy