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
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.9% to its highest since April 2022, while the Nikkei was close to its peak, the Topix hit all-time highs, and the Hang Seng rose for a fourth straight day
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
Two billion parcels with a declared value of less than 150 euros arrived in the EU from outside countries in 2023
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
Among the top applicants for GenAI patents were China's ByteDance - which owns video app TikTok - and e-commerce giant Alibaba Group
Confidence in China's services sector hit a 4-year low in June, according to a private survey, which blamed a drop in foreign orders. Meanwhile, Japan also saw a slide in services activity.