US Treasury Secretary said in May that India and China were hindering a global deal on an alternative transfer-pricing mechanism in the Pillar 1 agreement; G20 finance minister talks are now continuing in Rio

The amount raised so far this year from China is up 1,588% on the same period in 2023, the LSEG data showed; Japan's deal value has increased by 486%.

The tightening of regulations on China's 5.2 trillion yuan ($715 billion) hedge fund sector comes as President Xi Jinping seeks to foster a leaner and cleaner financial industry

The retirement age for men is 60, five to six years below most developed economies, while for women it is 50 or 55. The move will ease a soaring pension budgets crisis

The PBOC cut rates on its seven-day reverse purchase agreements, leading to a similar drop in its loan prime rates (LPR), pulling bond yields down across the curve

Notes from the plenum had no details on how Beijing plans to reach its goals, such as getting consumers to spend more when resources go mainly to producers and infrastructure

Outage led to US airlines ordering all planes grounded amid communication issues, plus big impacts on media, banks, retailers and telecom companies around the world

Nornickel is trying to move significant production away from Russia to major consumer China, to avoid sanctions against Moscow over its war with Ukraine

The tag, based on the idea that some periods in history are eras of futile struggle, began popping up on social media, but it has been denounced by state commentators

Dozens of "high-risk" banks were taken over by bigger entities in the first six months of this year as small rural lenders succumbed to real estate debts and other woes

Shares of TSMC fell on Wednesday after remarks by US presidential candidate Donald Trump that Taiwan should pay the US for its defence

Top Commerce official says new US rules, to be announced next month, would limit the software in electric vehicles made in China