A former central bank official has warned the Bank of Japan might phase out stimulus by next month if pressure continues to mount on its currency and prices

The move, proposed in a new debt-restructuring plan for offshore bondholders with about $19 billion of debt, would involve shares in its property services and new-energy-vehicle units, sources say

Share average sees biggest rise in three weeks, while the currency – which dropped 1.7% on Tuesday – paused in forex trading after a warning of intervention from a senior official

A Hong Kong judge said a decision on whether to wind up the debt-laden developer would be made on December 4, so the firm needs a revised restructuring plan before that date

Oil prices are set to come under more strain while there could be a surge in Treasuries buying, easing pressure on stocks and other assets

The developer missed an interest payment on another bond in August, as it follows the downward spiral of dozens of its peers, including Evergrande

Debt-heavy municipalities represent a major risk to the world's second-largest economy and its financial stability, amid a deepening property crisis

Bonds totalling $137 billion will help counter growing impacts from climate change, as China continues to build new coal power plants; it will also boost the economic recovery, officials say

Shares rose slightly on markets in mainland China but dropped in Hong Kong, while Japan, Seoul and Sydney rebounded after three days of falls; Asian currencies edged higher

PBOC governor Pan Gongsheng said he will focus on bolstering domestic demand and neutralizing financial risks

Foreigners sold regional bonds worth $3.7 billion from Malaysia, Indonesia, South Korea, and Thai markets, their biggest sell-off since June 2022

Regional banks may need support from the PBOC as they have high exposure to local government financing vehicles set up by provinces for spending on infrastructure, S&P Global Ratings says