The onshore yuan dropped 0.47% to 6.7950 per dollar on Tuesday, its lowest since May 16, on concern about its recovery from recent Covid lockdowns.

Shares of Longfor, CIFI and Country Garden all jumped by more than 15% in morning trading on Tuesday. The Hang Seng Mainland Properties Index climbed 9.2%.

The US is funding data centres in Africa, plus a 17,000km undersea cable from Southeast Asia through the Middle East and Horn of Africa to Europe, Antony Blinken says

Asian shares were mixed after China's central bank unexpectedly trimmed two key lending rates following the release of July data that showed the nation's economic slowdown deepening.

The arrival of a new team of senior US politicians in Taiwan late on Sunday led to China staging more military exercises on Monday near the self-ruled island

A weak economy, Covid disruptions and supply chain challenges hammered the company's sales while increased investment in new technologies was an additional drag.

In July new construction starts by floor area fell by over 45%, the fastest pace since early 2013, while household loans and mortgages plunged from $125bn in June to $18bn in July

Societe Generale said its forecast of 2.7% growth this year ``may still prove too optimistic,’’ with July’s trajectory indicating expansion of less than 2% if policymakers ease too little.

India's billionaire Rakesh Jhunjhunwala - known as the country's Warren Buffett and the Big Bull – died on Sunday, drawing praise from Modi and many others

Thai police have detained a Chinese businessman who set up the Shwe Kokko special economic zone in eastern Myanmar notorious for human trafficking and online gambling

China's financial hub Shanghai is set to reopen all schools, kindergartens and nurseries on September 1, officials said on Sunday

The Yuan Wang 5 is expected to arrive at the island nation's southernmost port, Hambantota, on Tuesday – despite security concerns raised by its neighbour India and the US.