Prices for the construction of new dwellings increased 18% in the March 2022 quarter, the largest increase recorded since the series began in 1985

Fund managing director Kristalina Georgieva also called on Beijing to open its purse strings wider for low-income countries with their mounting debts

Company says all manufacturing sites in India, the UK and the Netherlands have sourced alternative supplies of raw materials to end dependence on Russia

Risk of secondary sanctions over Moscow's invasion of Ukraine keeps UnionPay from cooperating with sanctioned Russian banks

The philosophy is aimed at "centralising and strengthening the party’s economic control,"  Chinese academic Xin Sun argues in a London School of Economics paper

As most shipments were contracted before the invasion of Ukraine, any cut to Russian oil purchases due to worries about sanctions would only be reflected in data due for release in May

Stringent lockdown measures have left the city struggling with loss of income, irregular food supplies, separation of families and poor quarantine conditions

Though deputy chief cabinet secretary Seiji Kihara repeated Tokyo's common refrain that sharp moves in currency rates were undesirable

Lee, the former No.2 official of the Asian financial hub, is set to replace chief executive Carrie Lam on July 1 with backing from Beijing

But falls were limited by China surprisingly keeping its benchmark lending rates steady for the third straight month at its April fixing

Smaller cities have been hammered by falling home prices for seven months since September, the latest tally of 70 major cities by China's statistics bureau shows

The Asia Pacific Loan Market Association (APLMA) found that 54% of its members were expected to take until 2023 to remove references to Libor from their existing loans