Asian markets were mixed on Tuesday, with stocks in China flat, while shares in Japan, Korea, Malaysia and Australia rose

Chinese authorities are investigating the chaotic stampede for short-term funds in the country's money markets last week, which stems from the jumble of problems that Beijing is battling

Foreign firms are said to have pulled $160 billion out of the country over the past year and a half, with companies drawn to higher interest rates and more appealing investment destinations

Share average sees biggest rise in three weeks, while the currency – which dropped 1.7% on Tuesday – paused in forex trading after a warning of intervention from a senior official

The squeeze on business profits was underscored by factory gate prices contracting sharply this month, a sub-index in the PMI survey showed

Shares rose slightly on markets in mainland China but dropped in Hong Kong, while Japan, Seoul and Sydney rebounded after three days of falls; Asian currencies edged higher

PBOC governor Pan Gongsheng said he will focus on bolstering domestic demand and neutralizing financial risks

Sources say the Modi government has become uncomfortable with using yuan for settlement, while refining sources said settlement in yuan also increases Indian traders' costs

Foreign exchange reserves across the region have taken a hit as central banks grapple with strong greenback and China's defence of its yuan

Putin’s trip comes at a crucial time for China’s Xi, who is also likely to meet with US President Joe Biden next month

CSRC seeks to bolster the yuan by imposing a ban on local brokerages and their units overseas from opening accounts for new clients wanting to trade offshore

Tokyo said it was ready to take any action if the yen’s instability carries on much longer – even though some analysts doubt whether they can make a difference