The global lender had only last year suggested the central bank maintain its ultra-loose policy to support Japan's recovery from the Covid-19 pandemic

Hindenburg says it looks for "man-made disasters," such as accounting irregularities, mismanagement and undisclosed related-party transactions

China was among the biggest markets in 2022 for Europe's largest technology company, as it beat analyst forecasts to report fourth-quarter net profit of 1.82 billion euros ($2 billion)

Representatives from Ford's German management are scheduled to visit China in the upcoming week to examine the possibility of selling the facility

Asian equities hit a seven-month high, with stocks in South Korea and Singapore both up over 1%, but stocks slipped in Australia and India

The second-largest chipmaker in China after SMIC, Hua Hong will produce 300mm (12-inch) semiconductor wafers at the factory

For most of 2022, Tesla joined rivals in aggressively raising EV prices but its decision to reverse course now challenges automakers’ established strategy of pursuing profit-over-volume

The US and British banks are latest foreign banks allowed to boost operations in China, following approvals given recently to Schroders, Manulife and Neuberger Berman

Analysts say the golden week holiday and a new mortgage rate mechanism have made a cut in the loan prime rate on Friday unlikely.

Tesla’s Autopilot team set out to engineer and record a “demonstration of the system’s capabilities” at the request of Musk, a senior engineer said

Schroders has been given the nod as Beijing speeds up approvals to foreign investors in an attempt to breathe life back into its ailing economy

The Japanese yen shot up in early trading on Friday morning and Asian markets also rose, after US data showed a fall in inflation on Thursday