A move by Beijing to regulate 'excessive incomes' has led to two funds telling high earners they must repay money they earned last year over a new 3-million-yuan salary cap

Quant funds recorded significant losses in the first six months of this year – a dismal performance that is leading to a reshuffle in the $200 billion industry

LG Energy Solution said they were discussing possible tie-ups with three Chinese suppliers, with battery plants in either Morocco, Finland or Indonesia

China has computers that are faster than US machines rated as the best in the world, but refuse to talk about them as they fear more sanctions, a US expert has said

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