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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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, …
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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 …
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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, …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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(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. …
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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 …