A former executive at Bytedance, the parent company of TikTok, claims Chinese officials had access to all users' data, including SIM card details and IP addresses

State banks cut rates on yuan deposits by 5bps on Thursday, and 3-year and 5-year time deposits by 15bps. The move could cut lending costs and ease pressure on profit margins

The US banking giant's pledge comes even as most foreign businesses have remained reluctant to commit to growing their China business amid increasing Sino-US tensions

Before travelling to China, US CEOs have particularly been seeking advice about how Beijing's expansion of its counter-espionage law could affect them

Foreign inflows of $4.4 billion went into Taiwanese stocks and $3.1 billion into South Korean equities in May amid surge of interest in beneficiaries from artificial intelligence boom

Japan plans to spend $107 billion over the next two decades to boost the production of hydrogen fuel by six times more than planned, it said on Tuesday

Economic challenges and geopolitical tensions have made fundraising difficult, with investment in China by global players in particular slowing

Exports slumped 7.5% year-on-year in May, data from China's Customs Bureau showed on Wednesday, the biggest decline since January. Imports also fell by 4.5%.

China will have room to reduce interest rates and the reserve ratio that banks must hold in the second half of this year, a state daily reported on Tuesday

US regulator's move, filing 13 charges against Binance and its CEO Changpeng Zhao, has hit public faith in crypto trading, and led to a wave of withdrawals from the group's exchanges

"De-dollarisation is evident in FX reserves where [the dollar's] share has declined to a record as share in exports declined but is still emerging in commodities," the US bank noted

TSMC's workplace culture has come in for criticism by former workers, but the tech giant says hiring of staff for its new facilities in Arizona is on track