Japan’s Nikkei 225 slumped by over 2%, while Hong Kong’s Hang Seng and South Korea’s KOSPI were down 2% and 0.7%, amid fears of more hawkish signals from the Fed later today
Two-way trade between China and the US plunged 19.6% in the first half of this year, down $67.6 billion from the same period in 2022, amid increasing regionalization by both superpowers
The PBOC ordered local banks to restrict southbound purchases under the Bond Connect scheme, in a bid to limit the supply of yuan offshore, sources say
Chinese regulators and finance officials submitted a proposal to Cabinet this month to slash the 0.1% stamp duty on domestic stock trading to revive the country's struggling markets
Three years of Covid restrictions have changed Chinese citizens' spending habits, but Beijing faces tough decisions now on how to boost consumption
Modest rate cuts and vague promises of support for debt-mired developers have failed to restore sentiment; fund managers say they need to see more state money flowing before they return
Asian markets surge, with Hang Seng climbing 2% and the Nikkei rising by 0.9%, while investors wait for Fed chief's speech at Jackson Hole on Friday
Beijing quietly launched a new initiative to lure elite foreign-educated IT and chip talents to accelerate its tech proficiency, sources and government documents reveal
Shanghai blue chips saw another fall, but the Nikkei, Hang Seng and other key regional indexes all saw gains on Wednesday
The deals mania comes as Australia undertakes a critical minerals strategy that envisages major collaborations with investors and global partners to become a renewables superpower
Officials expect "significant" economic impact after Hong Kong said it would join mainland China in banning most Japanese seafood from Thursday, when treated water from the damaged Fukushima nuclear plant will be released into the sea
Secretary of State Antony Blinken urges China to end its "repressive assimilation policies" that force up to a million Tibetan children to leave their families and attend state boarding schools