China Halts Youth Jobs Data, Stoking Transparency Concerns
China suspended publishing data on its soaring youth unemployment rate to iron out complexities in the numbers, fanning
2023-08-15 14:28
Country Garden Crisis Drags Down Other Builders That Got Support
A potential default at developer giant Country Garden Holdings Co. has led to greater skepticism of the efficacy
2023-08-15 13:27
China Rate Cut Reaction the Latest Sign Beijing Has More to Do
China traders are rushing to the safest assets the market has to offer, as a surprise interest-rate cut
2023-08-15 13:21
Yen Weakens Toward Level That Prompted September Intervention
Japan’s currency dropped toward a level that triggered the first yen-buying intervention since 1998 in September as yield
2023-08-15 11:19
RBA Sees a ‘Credible Path’ to Inflation Target at 4.1% Rate
Australia’s central bank sees a “credible path” to return inflation to its 2-3% target with interest rates at
2023-08-15 10:49
China's Gold Prices Rising Higher Than Rest of World Due to Import Curbs
China’s gold price is rising against levels in London, a trend that local traders say is due to
2023-08-15 09:54
China’s $138 Billion Shadow Bank Spirals at Terrible Time for Xi
Founded in 1995 as a lumber business, Zhongzhi Enterprise Group Co. grew to become a financial conglomerate with
2023-08-15 09:17
PBOC’s Yuan Fix Is Losing Its Bite as Bearish Sentiment Mounts
China’s yuan is plumbing fresh lows for the year with the central bank’s favorite tool for guiding the
2023-08-15 08:57
HKEX, Banks Exploring Ways to Boost Stock, Derivatives Trading
Banks and the stock exchange in Hong Kong are discussing ways to revive moribund trading volumes. Regular meetings
2023-08-15 08:55
PBOC Adviser Says China Urgently Needs to Boost Consumption
An adviser to China’s central bank says the top priority of policymakers needs to be stimulating household consumption,
2023-08-15 08:48
Japan’s Economy Expands More Than Expected on Export Gains
Japan’s economy expanded at a much faster clip than forecast, propelled by robust exports in a sign that
2023-08-15 08:17
Yellen Says China’s Slowdown Is ‘Risk Factor’ for US Economy
Treasury Secretary Janet Yellen called China’s economic woes a “risk factor” for the US, but one that doesn’t
2023-08-15 07:56