Mergers and acquisitions involving firms in China have sunk by a third this year, in line with a global decline, but private equity groups are now eyeing possible deals in India and SE Asia

China's central bank published a statement on its website on Thursday allowing local governments to cut mortgage rates for first-time home buyers in some cities.

Mashreq Bank in Dubai declined a request to take payments from at least Indian two refiners in Emirati dirhams, forcing the buyers to pay for crude in US dollars, sources say

The Australian government has consistently rejected the charges against Professor Turnell, Foreign Minister Penny Wong said on Thursday

Five state-owned banks took part in a CBDC trial focused on cross-border transactions, the Bank for International Settlements (BIS) said.

The world's largest automaker produced 766,683 vehicles worldwide last month, above its target of around 700,000 and above year-ago output of 531,448.

Central bank has rallied state banks to defend the currency, urging them to be prepared to sell dollars in offshore markets to stem the yuan's descent

Australian minister says Optus should replace passports for victims of a massive data breach, which the government blames on the phone company's "cybersecurity failures"

Meta said it disrupted a China-based influence operation using Facebook and Instagram accounts with political content aimed at users in the US ahead of the midterm elections

China installed a massive 53 gigawatts of renewable energy in the first half of 2022, but it also approved $26-33 billion of investment in the coal power and steel sectors, a new report said

Democrat leaders are among a bipartisan group who urged Biden to issue an order to "safeguard our national security and supply chain resiliency on outbound investments to foreign adversaries."

PBOC warns against gambling after onshore yuan finishes at 7.2458 per dollar, weakest close since January 2008, while the offshore yuan slumped 1.15% on the day to trade at 7.2635.