Latest rate hike by the US Fed forced the PBOC set a midpoint rate of 7.2472 per dollar, 275 pips or 0.28% weaker than the previous fix, and the softest since January 2008

A US Federal Communications Commissioner says the US should ban TikTok as there may be no way around concerns about China accessing its user data

China Evergrande said this week it has received a notice of enforcement from Shengjing Bank for unrecoverable funds totalling 32.595 billion yuan ($4.48 billion)

Some 14 auditors have severed ties with Chinese property firms listed in Hong Kong this year, which has raised concern about debt-ridden developers that have failed to publish financial results

The head of metals-to-oil group Vedanta expects annual revenue to double to $50 billion in the next 2-3 years, as it ramps up production of metals used in EV batteries

It was Toyota's fourth consecutive quarterly profit decline. The company has repeatedly cut output targets, but has fared better than most competitors in managing its supply chains

Chinese tech giant plans to leave the Russian market, according to a report by Novinite.com in Bulgaria, which cited Izvestia and said the company had stopped direct deliveries to the country

Exports sank in October by the most in more than two years, official data showed, the most since August 2020. Government vows to boost the economy but said it could take time.

Goldman Sachs estimates that $100 billion to $200 billion of foreign holdings could be at risk if global funds significantly cut their allocations of Chinese equities

As China's automakers close the gap with foreign automakers we are likely to see more joint ventures collapse in the coming years, Urban Science managing director Chee-Kiang Lim said

The government will also review property rights for tokenised assets and explore legalising so-called smart contracts

The Japanese government said on Friday it will create an extra budget worth $200.8 billion to fund a package to help households and businesses cope with rising living costs.