Market participants and analysts believe the move paves the way for a new interest rate corridor, with the seven-day reverse repo rate serving as a central guide
Orban arrives for talks with Xi Jinping. He is believed to be negotiating a potential peace deal to end the war in Ukraine, as well as holding trade deals
Foreign firms in Taiwan have been assessing risks to employee safety after China's threat to execute Taiwanese 'diehards' who passionately embrace its independence
Experts say pricing reforms and better tech are needed for a storage sector whose rapid growth has been plagued by low utilisation and losses for operators
PBOC says it has signed deals with major financial institutions to borrow medium- and long-term bonds and will sell them depending on market conditions in a bid to cool a major rally
Modi government has asked power companies to order $33 billion worth of equipment this year to ramp up more coal power for the rest of this decade
Two military drones were found at a port disguised as wind turbine parts, Italian officials said; they were seized because of a UN embargo linked to Libya's civil war
BYD opened an electric vehicle factory in Rayong on Thailand's eastern seaboard on Thursday, as China's grip on the local car sector ramps up
India has suffered water shortages for decades, but crises are now more frequent as summers get hotter, disrupting agriculture and industry and risking social unrest
A Senate committee has recommended that Australia's corporate regulator be split in two, because the scope it has to cover is so large it launches relatively few prosecutions
Many Chinese battery-makers have invested in the African nation recently as JVs with local firms in countries with trade deals with the US may get tax credits
South Korea's Hyundai Motor and LG Energy Solution opened the first EV battery plant in Indonesia on Wednesday. It is part of a $9.8bn plan to set up an EV supply chain in SE Asia's biggest economy