China’s May new yuan loans seen rebounding: Reuters poll
BEIJING (Reuters) – China’s new yuan loans are expected to have rebounded in May after a sharp drop in April,…
Asia
Aussie Big Four banks hike home loan rates to match central bank move
(Reuters) – All of Australia’s “Big Four” banks on Friday passed on the Reserve Bank of Australia’s (RBA) latest rate…
China mutual fund sales dry up amid market gloom
By Summer Zhen and Samuel Shen HONG KONG (Reuters) – Money managers in China are struggling to lure retail investors,…
Ex-minister urges Beijing to lead in setting global EV battery standards
BEIJING/SHANGHAI (Reuters) – China should standardise requirements for electric vehicle (EV) batteries in order to keep its edge over other…
Instagram, YouTube, TikTok, Twitter target of EU crypto advertising complaint
By Foo Yun Chee BRUSSELS (Reuters) – Meta Platforms’ Instagram, Alphabet’s YouTube, TikTok and Twitter could face regulatory action after…
China’s factory deflation steepens as demand wanes
By Joe Cash BEIJING (Reuters) – China’s factory gate prices fell at the fastest pace in seven years in May…
Chinese investors flock to Riyadh conference seeking new markets, capital
By Julie Zhu and Aziz El Yaakoubi HONG KONG/RIYADH (Reuters) – Chinese entrepreneurs and investors are flocking to Riyadh this…
US Senate panel approves measure to strip China of ‘developing’ status
By Patricia Zengerle WASHINGTON (Reuters) – Legislation to strip China of its status as a “developing nation” at some international…
Australia recession risk heightens after RBA warns of bumpy path to low inflation
By Stella Qiu SYDNEY (Reuters) – The risk of Australia’s economy slipping into recession has risen sharply, after the central…
China’s BYD announces new Fang Cheng Bao brand of energy vehicles
BEIJING (Reuters) -BYD announced on Friday a new brand of electric vehicles (EV) ranging from off-road to sports cars as…