China’s central bank surprised most economists and market participants by cutting a short-term policy interest rate, a sign that officials are increasingly concerned about faltering growth and are stepping up stimulus to boost the recovery.
South Korea is pivoting to a “hard-line stance” in its relations with China following meetings between the two where Beijing used “high-handed” diplomatic rhetoric, the DongA Ilbo newspaper cited a “key” government official as saying.
Telecommunications company Taiwan Mobile Co. is exploring opportunities for collaboration with local crypto platforms, including potentially investing in one of the businesses.
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Analysts at China International Capital Corp. are suggesting investors load up on Hong Kong stocks, wagering that the equity market will soon bottom out.
GAM Holding AG, the troubled Swiss asset manager, said that Chief Financial Officer Sally Orton is stepping down as the firm works towards its takeover by Liontrust Asset Management.
The merger of India’s most valuable lender and the nation’s largest mortgage financier to create what could be the world’s fifth-most valuable bank is inching closer to completion, with just one key step remaining that investors are watching for closely.
The US military said 22 service members were injured in northeastern Syria in a helicopter “mishap” on Sunday.
Goldman Sachs Group Inc. is seeing “green shoots” in capital markets and a pick-up in deal flow later this year, the bank’s international head said.
Shell Plc’s new Chief Executive Officer Wael Sawan is adamant that the oil giant is undervalued compared to its US peers. Now he’s heading to New York in an effort to prove it.
