By Devjyot Ghoshal and Stefanno Sulaiman BANGKOK/JAKARTA (Reuters) – China’s electric vehicle giant BYD has been on a tear in Southeast Asia, shooting past rivals including Tesla to take more…
By Xie Yu HONG KONG (Reuters) – Embattled Chinese property developer Country Garden faces yet another liquidity test with Monday’s deadline to pay $15 million in interest linked to an…
BEIJING (Reuters) -China’s yuan will stabilise after improvements in recent economic data and the bottoming out of domestic prices, state-owned media said on Monday. China’s falling interest rates have effectively…
China’s Defense Minister Is Only The Latest Victim Of Beijing’s Vanishing Act Jake Smith on September 17, 2023 The recent disappearance of China’s defense minister Li Shangfu is the latest…
BEIJING (Reuters) – China’s fiscal revenue rose 10% in the Jan-Aug period of 2023, slower than 11.5% growth in Jan-July, official data showed, even as the economy showed signs of…
BEIJING (Reuters) – China’s government land sales revenue fell for the 20th consecutive month in August, data from the finance ministry showed on Friday, signalling more pressure on local governments…
JAKARTA (Reuters) – Indonesia has asked Chinese carmaker Geely Automotive Holdings to help it build a homegrown electric car by 2025 or 2026, a senior minister said on Tuesday, adding…
By Muyu Xu SINGAPORE (Reuters) – Appetite for Iranian crude is growing in China, the world’s biggest oil importer, after the extension of supply cuts by Saudi Arabia and Russia…
SHANGHAI (Reuters) – China’s central bank is expected to boost liquidity while keeping the borrowing cost steady when rolling over its medium-term policy loans on Friday, a Reuters survey showed,…
By Casey Hall SHANGHAI (Reuters) – Chinese luxury liquor-maker Kweichow Moutai is again looking to diversify from its fiery baijiu spirit core business to attract a new generation of consumers…
A look at the day ahead in European and global markets from Kevin Buckland A light calendar for Europe today means markets are likely to take their cues from Asia,…
BEIJING (Reuters) – Revenues at China’s Didi Chuxing rose 52.6% for the April-June quarter from a year earlier to 48.8 billion yuan ($6.65 billion, as the ride-hailing firm emerged from…
By Josh Ye HONG KONG (Reuters) – Ant Group unveiled a finance-specific artificial intelligence (AI) model on Friday and started testing consumer and professional apps for the product, joining a…
BEIJING (Reuters) – China’s new yuan loans are expected to rebound in August after tumbling in July to the lowest since late 2009, a Reuters poll showed, as the central…
By Fergal Smith TORONTO (Reuters) – Analysts have cut their bullish near-term forecasts for the Canadian dollar as China’s economy weakens and the gap between U.S. and Canadian bond yields…
MUNICH (Reuters) – China’s Leapmotor needs to increase its sales by five times or more to survive a consolidating EV industry and is seeking partners outside China to license its…
BEIJING (Reuters) – Luckin Coffee said on Tuesday that it sold more than 5.42 million cups of the alcohol-infused latte it rolled out with Kweichow Moutai on the first day…
MUNICH (Reuters) – Chinese electric vehicle (EV) maker Zhejiang Leapmotor Technology on Monday unveiled the C10 sports utility vehicle at the IAA car show in Munich, adding this would be…
TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida said on Monday the government would allocate an additional 20.7 billion yen ($141.41 million) to support the fisheries industry after China’s total…
By Josh Ye HONG KONG (Reuters) – Mobile app stores in China run by Tencent Holdings, Xiaomi and others have started to bar app publishers from launching new apps if…
A look at the day ahead in European and global markets from Wayne Cole Asian stocks have extended last week’s rally, led by China shares, amid talk that all of…
BEIJING (Reuters) – China’s central government has approved setting up a special bureau within the National Development and Reform Commission (NDRC) to promote the development and growth of the private…
By Joe Cash BEIJING (Reuters) – Chinese President Xi Jinping’s first major reform plans a decade ago were also his boldest, envisaging a transition to a Western-style free market economy…
(Reuters) – Russian President Vladimir Putin said on Friday that he expected to meet Chinese President Xi Jinping soon, following earlier reports that he planned to visit China in October.…
By Marc Jones LONDON (Reuters) – Credit rating agency Moody’s raised its 2023 U.S. economic growth forecast on Friday but cut its estimate next year for China, saying that while…