Fund managers in China are limiting the size of their quantitative investment business after CSRC advised bourses to pay attention to the explosive growth of "quant" funds

Fitch says China Evergrande has tight liquidity, declining contracted sales, and is making limited progress selling assets.

Industry round-up: Tokyo is moving to 'secure' critical metal sites; while US industry players want tax incentives for producers of rare earth magnets; and Customs data from China show that rare earth exports have been flat since April

Soros urged the US Congress to empower the Securities and Exchange Commission to limit the flow of funds to China and said its investments in the nation are a ''tragic mistake.''

Trade data shows export shipments were up 25.6% on year, while imports were also above analysts' expectations

Officials will set benchmark fees and ranges that account for factors such as local economic conditions and family affordability, Beijing says

With trade tensions expected to continue, Frydenberg advised businesses to look at new markets opened as a result of recent free-trade agreements.

Taylor city is trying to attract Samsung to locate a huge new computer chip plant there, rather than Austin, or in two other states

China's economic czar stressed that the government would continue to 'vigorously support' the private sector and development of the digital economy

Richard Liu will focus on long-term strategies and training, while Xu Lei will become president and manage the company. Liu is the fourth tech boss to opt out in recent years.

Sources say Japan's Trade Ministry is ready to back Western Digital's bid to merge with Kioxia if it gives the country more leverage in geopolitical tech rivalries, and a way to counter chip shortages

Purchasing Managers' Index fell to 46.7 in August from 54.9 in July, its lowest level since the first wave of the Covid pandemic in April 2020