Latest News: Regions
The Chinese certification ceremony means the C919 can now be delivered to its first customer, China Eastern Airlines
Finance Minister Shunichi Suzuki made the pledge after his government last week intervened in the forex market to help the yen for the first time in 24 years
Management measures are enough to ensure market stability if there were large capital outflows, central bank governor Yang Chin-long said
It was all about currencies again on Thursday as the soaring US dollar continues to hammer the yen, yuan and pound...
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South Korea Set to Triple Arms Exports in Two Years – Nikkei29 Sep 2022
The country's arms exports are expected to top $10 billion this year, nearly triple the sales from 2020, Nikkei said...
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Asian Development Bank Plans Further Support For Sri Lanka27 Sep 2022
The ADB has already agreed an emergency loan of $200 million to ensure access to food and protect livelihoods in Sri Lanka...
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Asia Has Rebounded But China Has ‘Lost Momentum’: World Bank27 Sep 2022
Covid restrictions have disrupted China's supply chains, industrial and services production, domestic sales and exports, the World Bank said...
Xi was absent from group photos on Thursday when the leaders, including Russian President Vladimir Putin and Turkey's Tayyip Erdogan, went for dinner...
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Turkmenistan Says China Gas Pipeline Debt Paid in Full12 Jun 2021
The Central Asian nation’s autocrat leader says that his country's debts to China for a multi-billion-dollar gas pipeline and another gas project have been paid off "in full"...
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Chevron to Explore Hydrogen, Carbon Capture in Central Asia08 Jun 2022
Chevron Munaigas and KazMunayGas said they would evaluate the potential for carbon capture, utilisation, and storage as well as hydrogen production and methane management...
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China Reemerges as Major Bitcoin Mining Hub Despite Ban18 May 2022
While the US accounts for more than a third of all bitcoin mining - as measured by power consumption - China has taken the second spot, with 21.11% of the total...
Central bank has rallied state banks to defend the currency, urging them to be prepared to sell dollars in offshore markets to stem the yuan's descent...
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China Plans $347bn in Treasury Bonds, Plus Infra Loans29 Sep 2022
A huge package of treasury bonds will be issued in the fourth quarter to revive the country's lagging economy, while over $110 billion in support will be targeted at infrastructure projects....
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China to Lift FX Reserve Ratio, to Slow Yuan Plunge26 Sep 2022
The PBOC said that on Wednesday it will raise the forex risk reserves for financial institutions when they buy forex through currency forwards to 20% from the current zero....
Mashreq Bank in Dubai declined a request to take payments from at least Indian two refiners in Emirati dirhams, forcing the buyers to pay for crude in US dollars, sources say...
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Tata Launches Budget $10k EV in Bid to Extend India Dominance28 Sep 2022
Tata leads India's EV market, helped by government subsidies and high tariffs on imports, but EVs only make up 1% of all cars sold in the country...
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India’s Adani to Splash $100bn on Clean Energy Over Decade27 Sep 2022
Adani said 70% of the $100 billion-plus his group will invest over the next decade will go to "energy transition", adding that they are already the world’s largest solar player...
The world's largest automaker produced 766,683 vehicles worldwide last month, above its target of around 700,000 and above year-ago output of 531,448....
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Toyota Teams up With BYD To Sell Electric Sedans in China28 Sep 2022
The bZ3 sedan will be the second model of Toyota's "Beyond Zero" collection," powered by BYD electric batteries....
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Harris Vows to Consult Seoul on EV Subsidy Concerns27 Sep 2022
The US will work to address South Korea's worry about recently electric vehicle subsidies that could disadvantage Asian carmakers, US Vice-President Kamala Harris said on Tuesday...
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