The PBOC is expected to make a modest cut in rates in the second half, but weak private sector confidence has undermined demand for loans

The Korean automaker has raised its EV sales target to 2 million by 2030, will develop next-gen batteries and sell two China plants

Korean crypto promoter was arrested with a colleague in March but faces another month in custody, however where the pair will end up after that is uncertain

Tokyo’s financial regulator has reportedly asked its top banks about their response plans if China-US tensions escalate, particularly if Taiwan was invaded

Chinese president hails agreement on issues with top US diplomat, but talks did not appear to make much progress on differences over Taiwan, trade, rights, fentanyl or war in Ukraine

Prior to sanctions imposed by the West, which cut Moscow off from international financial systems, Russia made the dividend payments in dollars

Japan has designated batteries for energy storage as important under an economic security law and earmarked close to $2.4 billion to support their supply and development

Beijing was talking tough on Friday in the lead-up to a visit by Antony Blinken, warning that "irresponsible hegemonic behaviour .. will only push China and the US towards confrontation"

Chip designer Arm is looking to raise $8-$10 billion on Nasdaq, setting the stage for this year's largest initial public offering

The automaker aims to launch next-gen lithium-ion batteries in 2026, state-of-the-art solid-state batteries a year later and introduce a "self-propelling" assembly line

The US, Japan and Taiwan have agreed to share real-time data from reconnaissance drones to improve military coordination and prepare for a potential Chinese invasion, a new report says

The former Samsung Electronics chief allegedly planned to build the chip factory just a mile away from the Korean giant’s manufacturing hub in Xian