Singapore has jumped from sixth to third and overtaken Hong Kong in a global ranking of financial centres, which was led by New York and London

China's outbound investment under the cross-border Bond Connect scheme totalled 301.5 billion yuan ($42.3 billion) at the end of August, up 34% from a month ago

Taiwan was the focus of talks in New York on Friday between the US Secretary of State Antony Blinken and his Chinese counterpart Wang Yi.

This year's bond 'crash' threatens credit events and a liquidation of the world's most crowded trades, Bank of America warned.

The intervention came after the Bank of Japan stuck with its ultra-low rate policy, which prompted a drop in the yen past 145 per dollar to a 24-year low.

About 10 officials from the China Securities Regulatory Commission and the Ministry of Finance have arrived in Hong Kong to aid and monitor the audit inspection, sources say

Experts say China will dig in on its awkward stance of calling for dialogue and peace, while refusing to condemn Russia's invasion of Ukraine.

Bearish bets on most Asian currencies rose to record highs, driven by a towering dollar and mounting pressure on the Chinese yuan, which has slipped to a 27-month low

Banks vow to follow government guidance, as they did on Russia, if Beijing invades Taiwan. But some said the US had to compete with big Chinese banks, which have grown in size in recent years

US video platform will now give creators 45% of ad revenue on its short-form video feature known as Shorts. That's alongside the 55% of ad revenue it offers creators of long-form videos.

Loan recipients of China, such as Sri Lanka, Egypt and Ghana, find themselves strapped for cash after suffering severe impacts from the Covid pandemic and global inflation.

Yoon will meet Biden in New York, where they are expected to discuss North Korea and concerns in Seoul over the climate bill cutting tax credits for electric vehicles made outside the US