The PBOC said that on Wednesday it will raise the forex risk reserves for financial institutions when they buy forex through currency forwards to 20% from the current zero.

The buyers come from a group who have moved into "rotting" apartments out of financial necessity and to pressure developers and local authorities to complete them

COO Alex Hungate, a veteran of the financial services, logistics and food sectors, has spearheaded a push away from low-margin business lines as Grab races to turn profitable.

Carmaker is set to raise $800 million in its Hong Kong initial public offering, which will be the city's biggest IPO this year, although only half what it initially hoped to raise

Many analysts believe things are set to get worse as tighter monetary policy across the globe raises the risks of a worldwide recession

Leading economists and energy experts have called on governments to use public investment and regulatory controls to rapidly scale up the transition to clean energy

Over a dozen bond funds announced measures to restrict new purchases on Friday, and around 40 short-term funds made similar statements in the past 20 trading days

Mazda said in March exports of parts to the Vladivostok plant were going to end and production would cease when stocks ran out. But it has yet to say what it will do now.

Singapore has jumped from sixth to third and overtaken Hong Kong in a global ranking of financial centres, which was led by New York and London

Chinese military action might not be a straightforward frontal assault on Taiwan – it could include actions like a blockade to try to force Taiwan to accept China's rule, strategists say.

China's outbound investment under the cross-border Bond Connect scheme totalled 301.5 billion yuan ($42.3 billion) at the end of August, up 34% from a month ago

Taiwan was the focus of talks in New York on Friday between the US Secretary of State Antony Blinken and his Chinese counterpart Wang Yi.