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
Notes from the plenum had no details on how Beijing plans to reach its goals, such as getting consumers to spend more when resources go mainly to producers and infrastructure
Outage led to US airlines ordering all planes grounded amid communication issues, plus big impacts on media, banks, retailers and telecom companies around the world
Nornickel is trying to move significant production away from Russia to major consumer China, to avoid sanctions against Moscow over its war with Ukraine
The tag, based on the idea that some periods in history are eras of futile struggle, began popping up on social media, but it has been denounced by state commentators
Dozens of "high-risk" banks were taken over by bigger entities in the first six months of this year as small rural lenders succumbed to real estate debts and other woes
Shares of TSMC fell on Wednesday after remarks by US presidential candidate Donald Trump that Taiwan should pay the US for its defence
Top Commerce official says new US rules, to be announced next month, would limit the software in electric vehicles made in China
The auditing giant has been forced to slash its auditing staff in China following a mass exodus of clients in the wake of the China Evergrande accounting fiasco, sources say
The World Bank is working with Australia and the US on ways to expand banking services for small nations in the Pacific to boost trade, tourism and remittances
If humans continue to emit greenhouse gases at a high rate, the effect of a warming climate will be greater than that of the Moon's pull on ocean tides by the end of the 21st century
Huione Pay in Phnom Penh received crypto worth $150,000 from the Lazarus hacking group, two blockchain analysts say. But the central bank in Cambodia says the firm is not allowed to trade in crypto.