Pan says the PBOC will cut the reserve requirement ratio for all banks by 50 bps next month, and cut re-lending and re-discount interest rates by 25 bps for the rural sector and small firms from Thursday
Broadcaster's shares plunged on Tuesday after investors bailed out of the Indian entertainment group when its $10-billion merger with Sony collapsed on Monday
Premier Li Qiang has ordered authorities to find ways to draw long-term investors back to China's capital markets, but investors say big moves will be needed
Shares of Chinese gaming firms rose on Tuesday amid speculation the regulator may back down on new rules that would curb spending on online games
The number of foreclosed home deals in China jumped by well over a third to nearly 390,000 in 2023, while new home prices suffered their worst slump in nine years
Papers filed with a bankruptcy court in Delaware on Sunday show Terraform Labs filed for Chapter 11 bankruptcy protection and listed assets and liabilities allegedly in a range from $100-$500 million
Russia shipped a record 107 million metric tons of crude oil to China last year, equivalent to 2.14 million barrels per day (bpd), data from Chinese customs showed
Singapore police have issued arrest warrants for two ethnic Chinese linked to a massive money laundering case involving assets that now total over S$3 billion (US$2.24 billion)
China's regulator told some fund managers they need to launch at least four equity funds before they open any new bond fund, in hopes of propping up the stock market
The Industrial and Commercial Bank of China agreed to pay $32.4 million in penalties for unauthorized disclosure of confidential information and failure to comply with US anti-money laundering rules in recent years
Companies that normally ship exports from Vietnam to Europe are opting for more expensive air freight because of attacks on vessels in the Red Sea, a freight platform said
The country's most indebted provinces and cities have been told to delay, downsize or stop work on state-funded transport projects, so municipal debt is contained