The state-owned lender said in a statement late on Friday that it plans to invest in real estate projects and turn them into affordable rental houses.

This year's bond 'crash' threatens credit events and a liquidation of the world's most crowded trades, Bank of America warned.

The city will scrap its hotel quarantine policy for all arrivals from Sept 26. All arrivals will be able to return home or go to accommodation of their choice, but must self monitor for 3 days

Currency traders said the currency swap deal with the National Pension Service would remove a big source of dollar demand and could help bolster the weakening currency

Officials in Jiangxi province said water levels at a key monitoring spot at Poyang Lake fell from 19.4 metres to 7.1 metres over the last three months.

The intervention came after the Bank of Japan stuck with its ultra-low rate policy, which prompted a drop in the yen past 145 per dollar to a 24-year low.

The ETFs will test investor appetite for chipmakers, producers of new materials and machine tool manufacturers at a time when rivalry between the US and China in the chip sector is intensifying

About 10 officials from the China Securities Regulatory Commission and the Ministry of Finance have arrived in Hong Kong to aid and monitor the audit inspection, sources say

Apple continues to cut its reliance on China and will move 5% of its iPhone 14 production to India this year and expand its capacity to produce a quarter of all iPhones there by 2025

Japanese government sells dollars to stem sharp recent falls in the yen - their first intervention in the foreign exchange market since 1998

Experts say China will dig in on its awkward stance of calling for dialogue and peace, while refusing to condemn Russia's invasion of Ukraine.

Bearish bets on most Asian currencies rose to record highs, driven by a towering dollar and mounting pressure on the Chinese yuan, which has slipped to a 27-month low