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 09:17
National Australia Bank Plans Share Buyback Up to $970 Million
National Australia Bank plans to buy back as much as A$1.5 billion ($970 million) of its shares to
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 08:57
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 08:57
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 08:45
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 08:16
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 07:48
Asian Stocks Look Mixed After US Tech Shares Gain: Markets Wrap
Asian shares were poised for a mixed opening, with the region’s focus turning to China’s growing signs of
2023-08-15 07:29
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 07:23
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 07:22
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 07:19
Mercedes Targets Luxury Buyers in Malaysian All-Electric Push
Luxury carmaker Mercedes-Benz Group AG is targeting Malaysia as one of the markets where it will have an
2023-08-15 07:15