China’s $138 Billion Shadow Bank Spirals at Terrible Time for Xi
Founded in 1995 as a lumber business, Zhongzhi Enterprise Group Co. grew to become a financial conglomerate with
2023-08-15 09:15
PBOC’s Yuan Fix Is Losing Its Bite as Bearish Sentiment Mounts
China’s yuan is plumbing fresh lows for the year with the central bank’s favorite tool for guiding the
2023-08-15 08:58
HKEX, Banks Exploring Ways to Boost Stock, Derivatives Trading
Banks and the stock exchange in Hong Kong are discussing ways to revive moribund trading volumes. Regular meetings
2023-08-15 08:49
PBOC Adviser Says China Urgently Needs to Boost Consumption
An adviser to China’s central bank says the top priority of policymakers needs to be stimulating household consumption,
2023-08-15 08:48
Japan’s Economy Expands More Than Expected on Export Gains
Japan’s economy expanded at a much faster clip than forecast, propelled by robust exports in a sign that
2023-08-15 08:23
Yellen Says China’s Slowdown Is ‘Risk Factor’ for US Economy
Treasury Secretary Janet Yellen called China’s economic woes a “risk factor” for the US, but one that doesn’t
2023-08-15 07:59
Ex-GIC Managers Raise $567 Million for Asia Private Equity Deals
A Singapore-based private equity firm started by two former investors from sovereign wealth fund GIC Pte has raised
2023-08-15 07:27
Beijing Tries to Regulate China’s AI Sector Without Crushing It
Beijing is poised to implement sweeping new regulations for artificial intelligence services this week, trying to balance state
2023-08-15 07:22
TSMC Growth Abroad Is Welcome, Taiwan Presidential Hopeful Says
The frontrunner in the race to be Taiwan’s next president says he won’t stop the world’s leading chipmaker
2023-08-15 07:17
India Inflation Breaches RBI Target in July as Food Costs Jump
Retail inflation in July breached the Reserve Bank of India’s tolerance level for the first time in five
2023-08-14 20:28
India’s July Trade Gap Widens as Weak Demand Drags Exports
India’s trade deficit widened last month as exports and imports stayed weak on slowing demand. The gap between
2023-08-14 19:46
BRICS Isn’t Competing With Any Bloc, South African Diplomat Says
The BRICS group of emerging-market nations will discuss deepening the use of local currencies in trade between member
2023-08-14 18:48