Exports slumped 7.5% year-on-year in May, data from China's Customs Bureau showed on Wednesday, the biggest decline since January. Imports also fell by 4.5%.
The boss of the German drugs, lab equipment and semiconductor chemicals maker warned against an escalation of tensions with Beijing
China will have room to reduce interest rates and the reserve ratio that banks must hold in the second half of this year, a state daily reported on Tuesday
US regulator's move, filing 13 charges against Binance and its CEO Changpeng Zhao, has hit public faith in crypto trading, and led to a wave of withdrawals from the group's exchanges
One hedge fund already uses ChatGPT to project earnings power, and identify investment opportunities and risks
"De-dollarisation is evident in FX reserves where [the dollar's] share has declined to a record as share in exports declined but is still emerging in commodities," the US bank noted
The survey saw firms reporting a rise in new business in May as China's Covid reopening boosted orders for hotels, restaurants and travel
TSMC's workplace culture has come in for criticism by former workers, but the tech giant says hiring of staff for its new facilities in Arizona is on track
Revenue last month reached T$450.7 billion ($14.7 billion), in line with its expectations, though it was up 5% compared with April
China’s defence minister Li Shangfu appealed for the two superpowers to seek common ground and cooperation, at an Asian security summit
Washington lawmakers have said the US should work with South Korea and Japan and retaliate after China targeted the biggest US memory chip maker
Study of municipal finances shows 102 cities made payments accounting for 10% or more of their resources in 2022; debt obligations are so high it is limiting state capacity to boost the economy