A package of support measures from the PBOC and banking officials was hailed by some analysts as a "turning point" and caused the property index to soar to a 2-month high in morning trading
A source said the group made the move partly because of concerns about a backlash in Washington against bankrolling the Chinese government with US capital, the report said.
US-China rivalry is expected to feature in talks at the ASEAN summit in Phnom Penh, but the UN is also pushing hard for leaders to help end the war in Myanmar
The Institute of International Finance said Chinese bond markets have suffered total outflows of $105 billion over nine months, while Chinese stock portfolios lost $7.6bn in October, the most since March.
Asian stocks scaled a seven-week high with investors upbeat after cooler-than-expected US inflation figures and signs China was about to relax its Covid curbs
The yuan jumped in Asian afternoon trade after China ordered health authorities to ease some of Covid rules and US inflation data suggested that Fed rate hikes could start to slow
The latest data suggests the Fed's swift monetary tightening is beginning to have an impact. Some analysts said this may be the start of inflation being defused. US stocks jumped on Thursday
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
US tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
Despite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.