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

Investors are optimistic US inflation will show signs of cooling this week but opinion is split over China’s post-Covid recovery prospects

The combined value of the world's sovereign wealth and public pension funds slumped for the first time in 2022

The services unit’s pledged shares were last enforced a year ago, when the group's ownership was reduced from 60.96%

US regulators say American auditors have got the green light to inspect the books of US-listed firms in China for the first time, after trial inspections in Hong Kong several months ago

Buffett has been trimming his stake in the electric vehicle and battery maker this year, with the first share sale reported in August

If successful, the IPO would be the first major US float of a Chinese firm since Beijing tightened its grip over Chinese companies' overseas share sales in July last year

If successful, VinFast will be Vietnam's first company to list in the United States