Asia Economy

China slams the U.S. for interfering in Arunachal Pradesh border dispute with India

China slammed the United States for interfering in its border dispute with India, after Washington said it recognized the disputed…

Trump pledges to get tough with tariffs again if elected

Proclaiming that “I’m a big believer in tariffs,” former President Donald Trump on Monday indicated he’s likely to reinstitute duties…

China’s central bank governor says there’s room to cut banks’ reserve requirements

BEIJING — The heads of China’s central bank and economic planning agency signaled that authorities would be willing to take…

China’s top securities regulator vows to ‘strictly’ crack down on market manipulators

BEIJING — China’s top securities regulator vowed to “strictly” crack down on market manipulators, while stating that protecting small investors…

China opposes U.S. sanctions on Chinese companies for Russia-related reasons

China firmly opposes the United States imposing sanctions on Chinese enterprises for Russia-related reasons, the Chinese commerce ministry said on Monday. China will take necessary measures to firmly safeguard the legitimate…

Goldman Sachs and Abu Dhabi’s Mubadala ink $1 billion partnership to invest in Asia Pacific

DUBAI, United Arab Emirates — Goldman Sachs and Abu Dhabi sovereign wealth fund Mubadala on Monday signed a $1 billion…

HSBC posts record annual profit but misses estimates on China write-down, shares tumble 7%

HSBC‘s full-year 2023 pretax profit missed analysts’ estimates on Wednesday, hit by impairment costs linked to the lender’s stake in…

China’s biggest problem is a ‘lack of confidence,’ Standard Chartered CEO says

DUBAI, United Arab Emirates — China is facing a confidence deficit as its economy undergoes massive transition and concern grows…

China expresses concerns to U.S. over tariffs, sanctions in Beijing talks

China’s financial officials expressed concerns to visiting U.S. Treasury officials about U.S. tariffs, investment restrictions and sanctions set up to…

Lawson shares surge 18% after Japan’s KDDI launches $3.4 billion privatization offer

Shares of Japan’s third-largest convenience store chain Lawson surged 18% it received an offer to go private. The offer would…