A consortium of about 70 Japanese firms, including the country's three mega-banks, aims to launch a yen-based digital currency in fiscal 2022 after trials in coming months

Cyberspace regulators said on Tuesday they will tighten oversight on celebrity reports online, and the placement of their ads on internet sites, 'to avoid promoting bad values'

The Monetary Authority of Singapore said the increase – the fastest since 2018 – was due to higher services costs for electricity and gas, plus food inflation

Offshore bondholders of the embattled Kaisa Group who did not receive coupon payments this month have tapped investment bank Moelis & Co to advise them how to proceed

US President Joe Biden on Monday nominated Federal Reserve chair Jerome Powell for a second four-year term. That needs to be confirmed by the Senate, but both parties have voiced support.

Japanese officials are working on ways to get around restrictions on releasing national oil reserves in tandem with other countries to dampen prices, government sources say

Banks are adjusting lending to reflect the latest central bank guidance of "meeting the normal financing needs" of the property sector

Cross-bank debt consolidation is among a series of measures to help debtors and businesses, who face the worst financial crisis the country has seen since the late 90s

Group, which owns a $175 billion minority stake in Tencent, posted an 8% rise in first-half trading profit to $2.9bn as revenue rose rapidly in its overall portfolio

Multinationals give go-ahead to Scarborough gas project in a field off northwest Australia that will supply LNG to north Asia and locally

State-backed China Vanke’s sales fell 31% in October compared with 2020, while net profit declined by 23% to $884m in the third quarter amid property sector debt crisis

Cash-strapped developers move cautiously on land buying after tighter regulatory curbs on fresh borrowing