A move by Beijing to regulate 'excessive incomes' has led to two funds telling high earners they must repay money they earned last year over a new 3-million-yuan salary cap
Quant funds recorded significant losses in the first six months of this year – a dismal performance that is leading to a reshuffle in the $200 billion industry
LG Energy Solution said they were discussing possible tie-ups with three Chinese suppliers, with battery plants in either Morocco, Finland or Indonesia
Trump’s vow to end the Biden government's 'EV mandate' raises risks for Korean and Japanese car and battery makers who have ploughed billions of dollars into investments in the US
India will spend $24 billion on efforts to create more jobs over the next five years and boost rural spending, Finance Minister Nirmala Sitharaman said on Tuesday
China has computers that are faster than US machines rated as the best in the world, but refuse to talk about them as they fear more sanctions, a US expert has said
US Treasury Secretary said in May that India and China were hindering a global deal on an alternative transfer-pricing mechanism in the Pillar 1 agreement; G20 finance minister talks are now continuing in Rio
The amount raised so far this year from China is up 1,588% on the same period in 2023, the LSEG data showed; Japan's deal value has increased by 486%.
The tightening of regulations on China's 5.2 trillion yuan ($715 billion) hedge fund sector comes as President Xi Jinping seeks to foster a leaner and cleaner financial industry
The chipmaker — now the world’s most valuable company — is planning to develop processors from its new 'Blackwell' chip series and sell them in China
The retirement age for men is 60, five to six years below most developed economies, while for women it is 50 or 55. The move will ease a soaring pension budgets crisis
The PBOC cut rates on its seven-day reverse purchase agreements, leading to a similar drop in its loan prime rates (LPR), pulling bond yields down across the curve