Bloomberg Business

Asian bank stocks slid, resuming a selloff as worries over the health of Credit Suisse Group AG compounded concerns sparked by the sudden collapse of Silicon Valley Bank.

China’s property market is showing some early signs of a stabilization this year after the government increased support for cash-strapped developers and loosened home purchase restrictions to counter a slump.

This year the oil market has seen a tussle between those believing China’s demand will surge and others worried about an economic slump in Europe and the US. On Wednesday, the bears won.

China’s securities regulator is holding up approvals for new applications to sell global depository receipts, according to people familiar with the situation, potentially choking off a lucrative stream of listings in Europe.

South Korean marriages fell to a new record low last year, auguring a further downshift in the country’s dismal fertility rate.

President Xi Jinping promoted China’s development approach in a speech to a gathering of political groups, highlighting his growing willingness to tout his nation’s system.

The US has told TikTok’s owners in China to sell their shares or risk a ban of the popular video-sharing app, people familiar with the matter said, a major escalation in the long-running standoff over privacy concerns around Chinese control of its data and algorithm.

China’s central bank echoed President Xi Jinping’s warning that the US is seeking to suppress the world’s second-largest economy, an unusual move that suggests the central bank could be looking for ways to safeguard against possible further sanctions.

A surge in Chinese wind generation helped suppress coal burning at the start of the year, even as the government tried to kick-start the economy after abandoning Covid Zero.

Business groups have a part to play in firming up a deal meant to end a historical dispute between South Korea and Japan, US Ambassador to Japan Rahm Emanuel said in an interview.