Regions

China’s PBOC Has Room for More Reserve Ratio Cuts: Ex-Official

A former People's Bank of China official predicted on Sunday that policymakers would implement a proactive fiscal policy in 2024,…

14 mins ago

Wealthy Families, Private Firms Moving Billions Out of China – NYT

Rich Chinese families and private companies have taken or sent an estimated $50 billion a month out of China this…

1 hour ago

Indonesia, ADB, Owners to Shut Coal Power Station Early

Jakarta and the Asian Development Bank have agreed to a deal that will see a 660-MW coal plant in West…

2 hours ago

COP28: Over 110 Nations Join Deal to Triple Renewable Energy

The pledge by over half the world's countries to triple renewable energy was perhaps the most positive news at COP28…

1 day ago

Toyota and Honda Announce Cuts to Car Production in China

Honda Motor said on Saturday it was dismissing about 900 workers at its JV with Guangzhou Auto in China, while…

1 day ago

US Pledges $3 Billion for Green Climate Fund at COP28

The US will give $3 billion to the Green Climate Fund, sources said Saturday. The fund helps poor countries lower…

1 day ago

Microsoft Dismisses Dangerous AI Worry, Says Tech Decades Away

Dismissing claims of a 'dangerous breakthrough' at OpenAI, Microsoft President Brad Smith said a breakthrough in super-intelligent AI was not…

2 days ago

China Lithium Prices to Tank in 2024 Amid Global Supply Surge

Prices of the key EV battery metal have already tumbled close to 80% this year with supply outpacing the rise…

2 days ago

Two Executives From China’s Zhongzhi Missing After Collapse

Group's vice-president and chief financial officer are suspected to have been detained by authorities, who are now probing the shadow…

2 days ago

PwC Counts Cost of China, HK Audit Staff Exam Cheating – FT

The case follows a deal allowing US inspectors to examine Chinese firms after Washington threatened to delist China's companies from…

2 days ago

Rare Earths Seen As a Factor in China-Vietnam Rail Link Talks

Officials from China and Vietnam are discussing a possible upgrade of their rail links, including an historic line through part…

2 days ago

Tata Tech Unit Valued at $6.4bn in Bumper Trading Debut

Tata Technologies surged past its initial public offer price to end 163% up on the day, to underline what has…

3 days ago