China Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser Says
China is sitting on a $6 trillion pile of money, half of which is “hidden,” and that presents
2023-06-30 11:22
Senior China Diplomat Dispatched to Italy to Keep Nation in Belt and Road Initiative
China dispatched a senior diplomat to Italy this week, as Beijing seeks to persuade the European nation not
2023-06-30 11:20
Yen Weakens to 145, Approaches Last Year’s Intervention Level
The yen fell through 145 per dollar for the first time since November, nearing a level where Japan
2023-06-30 10:20
China’s Growth Momentum Slows Further Amid Rising Stimulus Calls
China’s economy lost more momentum in June as manufacturing activity contracted again and the services and construction sectors
2023-06-30 09:56
India’s HDFC Vaults Into Ranks of World’s Most Valuable Banks
A homegrown Indian company will for the first time rank among the world’s most valuable banks after completing
2023-06-30 09:46
Oil Heads for First Back-to-Back Quarterly Decline Since 2019
Oil was on track for its first back-to-back quarterly loss since 2019 as persistent concerns over the demand
2023-06-30 08:52
Meituan Joins AI Race by Buying Co-Founder’s Months-Old Firm
Meituan is buying a co-founder’s generative AI startup for almost $234 million, a deal that gets the food-delivery
2023-06-30 08:49
Tokyo Inflation Speeds Up Again as Japan Production Sputters
Inflation in Tokyo re-accelerated for the second time in three months in June, an outcome that supports expectations
2023-06-30 08:20
Analysis-Threat of 'down rounds' spur private credit funds in Asia
By Yantoultra Ngui SINGAPORE From India to Singapore, Asia is seeing a boom in private credit funds looking
2023-06-30 07:50
Wanda Faces Key Payment Test as Bond Setback May Revive Concerns
Dalian Wanda Group Co., one of China’s largest private conglomerates, is set to face its biggest bond-repayment test
2023-06-30 07:24
US FDA Uncovers Fresh Faults at India’s Second-Biggest Drugmaker
US Food and Drug Administration officials found multiple faults at a plant run by one of India’s biggest
2023-06-30 05:27
Spy Fears Over a Chinese Corn Mill Led Biden to Tighten US Investment Curbs
Presidents Joe Biden and Xi Jinping are trying to ease tensions and calm trade fights between the world's
2023-06-30 05:18