Pan says the PBOC will cut the reserve requirement ratio for all banks by 50 bps next month, and cut re-lending and re-discount interest rates by 25 bps for the rural sector and small firms from Thursday
A distinct Chinese market derivative, 'snowball' products once helped the country's investors deal with market volatility. Now, they're threatening to trigger an avalanche in equities
Broadcaster's shares plunged on Tuesday after investors bailed out of the Indian entertainment group when its $10-billion merger with Sony collapsed on Monday
Premier Li Qiang has ordered authorities to find ways to draw long-term investors back to China's capital markets, but investors say big moves will be needed
Shares of Chinese gaming firms rose on Tuesday amid speculation the regulator may back down on new rules that would curb spending on online games
The comic, published by the country's intelligence agency, is a new effort by the authoritarian Xi Jinping-government to 'inspire people' to join anti-espionage efforts
The number of foreclosed home deals in China jumped by well over a third to nearly 390,000 in 2023, while new home prices suffered their worst slump in nine years
Papers filed with a bankruptcy court in Delaware on Sunday show Terraform Labs filed for Chapter 11 bankruptcy protection and listed assets and liabilities allegedly in a range from $100-$500 million
China's state banks actively sold dollars in the foreign exchange market on Monday to stop the currency from suffering a rapid decline after markets in Shanghai and Hong Kong fell by over 2%
Artificial intelligence pioneer Sam Altman believes that top chip producers may not be able to keep up demand for AI semiconductors, one report said
Russia shipped a record 107 million metric tons of crude oil to China last year, equivalent to 2.14 million barrels per day (bpd), data from Chinese customs showed
Singapore police have issued arrest warrants for two ethnic Chinese linked to a massive money laundering case involving assets that now total over S$3 billion (US$2.24 billion)