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CHINA FINANCIAL REGULATION
China lowers funding costs with shift to overnight policy rateChina's central bank has implemented a major alteration to its monetary policy by establishing an overnight lending rate, which injects sub...
Who sent $2 bn military equipment to Iran past US blockade? More than 5,000 agenciesIran has developed a clandestine network involving over 5,000 agencies to import military equipment and evade sanctions. This network funct...
IMF proposes China’s Min Liao as deputy managing director, Bo Li to exit in NovemberThe International Monetary Fund has nominated Min Liao, China’s Vice Minister of Finance, for Deputy Managing Director. His appointment fol...
Weak returns at home fuel India's overseas retail investing boomIndian retail investors are increasingly venturing into global markets, significantly boosting their overseas investments. In response, dom...
Weak domestic returns fuel India's overseas retail investing boomIndian investors are turning to global funds as domestic market performance remains weak and opportunities abroad increase. A surge in over...
- Jio vs Starlink makes for a billionaire clash, but India’s satcom race is a minefield in the skies
Jio Platforms is preparing for an IPO while developing its satellite venture to connect remote areas. Reliance Jio's ambitious plan involve...
AI stocks: Midterm elections could threaten AI trade as data center backlash growsPublic opposition to US data centers and the November midterm elections could reshape AI infrastructure investment. Increased regulatory sc...
Global Market: Why China could complicate Musk’s Tesla-SpaceX merger plansElon Musk’s proposed Tesla–SpaceX merger faces potential regulatory hurdles in the US and China over national security, sensitive data and ...
Global Market: China's Lingjun Investment attracts $300 million from overseas investorsChina’s Lingjun Investment has raised at least $300 million from US and Southeast Asian investors as it resumes overseas fundraising. Stron...
Cash-strapped China targets offshore wealth with new taxChina has introduced a 20 percent tax on dividends and interest from offshore trusts to combat a fiscal deficit. Wealthy citizens must sett...
US Market: Musk backs Tesla-SpaceX merger idea, envisioning a $3.5 trillion giantElon Musk backs the idea of a Tesla-SpaceX merger that could create a technology conglomerate valued at around $3.5 trillion. The combinati...
Global Market: Eurozone banking crisis fears return as government borrowing costs surgeRising euro zone borrowing costs have renewed fears of a sovereign debt crisis, particularly in France. European banks’ stronger capital bu...
Global Market: China and Hong Kong shares weaken as stable growth eases stimulus betsChina and Hong Kong stocks weakened on Tuesday, joining a broader retreat in the region, after Beijing kept key lending rates unchanged and...
China stocks end higher as strong GDP outweighs AI jittersChina's economy expanded 4.5% year-on-year in the third quarter, topping forecasts and reducing the urgency for Beijing to step up support ...
China stocks inch higher as strong GDP offsets weak AI moodChina's blue-chip CSI300 Index edged up 0.1% by the lunch break, while the Shanghai Composite Index gained 0.2%. The Hong Kong market is cl...
IMF chief says AI risks may exceed opportunities without safeguards and ethical frameworkThe risks of artificial intelligence may exceed its opportunities if no adequate safeguards and ethical framework are put in place, IMF chi...
China's trade barriers biggest hurdle in bilateral ties, says Nirmala Sitharaman; flags $100 billion deficitNirmala Sitharaman has identified China's constraints on Indian exports as a crucial hindrance to trade advancement. The finance minister r...