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…
Feds charge Japanese Yakuza leader with nuclear materials trafficking
Federal prosecutors in New York on Wednesday said they charged a Japanese Yakuza leader with conspiring to traffic nuclear materials…
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…
Russian oligarch Dmitry Rybolovlev loses suit accusing Sotheby’s of art fraud
Russian billionaire Dmitry Rybolovlev on Tuesday lost a New York federal court lawsuit in which he had accused the Sotheby’s…
China misses fourth-quarter GDP estimates, resumes posting youth unemployment data
BEIJING — China missed fourth-quarter GDP estimates on Wednesday, while it resumed reporting the unemployment rate for young people. GDP…
China skeptic Lai Ching-te wins Taiwan’s presidential election
TAIPEI — Taiwan’s ruling Democratic Progressive Party won an unprecedented third-straight presidential term, as incoming leader Lai Ching-te pledged to…
China’s annual exports drop for the first time in seven years
BEIJING — China’s annual exports fell for the first time in seven years in 2023, even as shipments in December…
Alibaba CEO Eddie Wu to lead Taobao and Tmall e-commerce business in latest reshuffle
BEIJING — Alibaba Group CEO Eddie Wu is taking over the top role at the company’s Taobao and Tmall e-commerce…
Earth is ‘big enough’ for U.S. and China to succeed, Xi says as he meets Biden
BEIJING — U.S. President Joe Biden and Chinese President Xi Jinping met Wednesday outside of San Francisco in their first…
