China's central bank has ramped up consolidation of small banks because of their weaker funding status and higher exposure to risk, in a bid to stabilize the financial system
"The data China released was different from what most people felt," an executive said, as subdued markets point to wavering confidence in China's outlook, analysts noted
Solar power was deployed 100 times faster than nuclear power around the world in 2024 – and "five times faster than everything else combined," a new report says
Three of the five affected dams have been emptied since the big quake on January 7, a Tibet emergency management official told a news conference on Thursday
Many Chinese car makers are scouting locations for plants in Europe, the world's second-largest EV market, to circumvent tariffs imposed by the European Commission last year
The new rules will include Russian cars, but exempt BYD buses assembled in California and won't cover Chinese software made before the rules take effect, so GM and Ford can continue to import some China-made vehicles
The group, which describes its business as "emissions intelligence," has raised an extra $5 million to enter the insurance sector to focus on emissions risk management.
The likely disruption to Russian supply drove oil prices to their highest in months on Monday. Much will depend on whether Trump lifts the embargo and if China acknowledges it
A rise in the value of the dollar has hit the Southeast Asian currency and caused an 18% spike in the trade deficit over the first 11 months of 2024
China's central bank is expected to cut rates and deploy its biggest stimulus in years to bolster its economy and soften the blow from higher US tariffs
Declaring an emergency would allow Trump to build a new tariff programme via the IEEPA law, which authorizes a president to manage imports during a national crisis
Some analysts think Musk's close ties with incoming President Donald Trump might allow Tesla some kind of waiver from potential future restrictions on the Chinese battery giant