The PBOC's unexpected move on Tuesday comes as data for July showed weak retail sales and industrial growth. Analysts say more support is urgently needed to avoid a 'downward spiral'

Sources say SoftBank Group is in talks with Vision Fund 1 to buy the 25% stake in Arm it does not directly own as it gets ready for the chip designer's Nasdaq IPO

The Bank of Japan has stuck to its ultra-loose monetary policy as global central banks have hiked interest rates, making returns in other countries look more attractive

Shares of China's biggest private developer tumble by 18% on Monday after trading was suspended in 11 onshore bonds issued by the group

Italy said the decision by a previous government to join the controversial initiative, which includes 150 countries, was “atrocious”

Latest remarks by Biden could irk Beijing, although the US leader noted that he did not want to hurt China, just wanted a rational relationship with its leaders

Beijing "resolutely opposes" the US restrictions, after the Biden administration explains the 'narrow subsets' of its move and likely outcomes for various sectors in 2024, when the new rules will start

Chinese tech giants Baidu, Tencent, Alibaba and Bytedance have placed orders worth $5 billion with Nvidia for its top AI chips and GPUs, but it is unclear if these items will be affected by the latest White House order

The biggest foreign bank in Myanmar warned local banks last week it will restrict all payments to and from Myanmar accounts, a move could help bring a quicker end to the country's bitter civil strife

But the draft Cyberspace Administration of China rules also allow broad use for ‘national security’ purposes

Doksuri left a swathe of damage in Beijing and eastern China – over 60,000 homes collapsed, while 95,000 hectares of crops and over 280 bridges were ruined, along with vast stretches of road.

The US is expected to target private equity, venture capital and joint venture investments in China in chips, quantum computing and AI; firms will have to report that activity, sources say