Steps set for more stability in China’s real estate sector
In this undated photo, potential homebuyers look at a property model in Yantai, Shandong province of China. (TANG KE / FOR CHINA DAILY) BEIJING – China's real estate sector is […]
China’s automobile industry posts positive revenue growth
In this undated file photo, workers weld at a workshop of an automobile manufacturing enterprise in Qingzhou, east China's Shandong province. (PHOTO / XINHUA) BEIJING – China's automobile manufacturing industry […]
Q4 off to shaky start as stocks stumble
LONDON – The final quarter of the year got off to a shaky start on Monday, with world stocks languishing at their lowest levels since late 2020 – when the […]
IEA: Global gas markets to remain tight next year amid supply squeeze
A photo taken on March 24, 2022 shows a LNG (Liquefied Natural Gas) filling station for trucks in Dortmund, western German. (INA FASSBENDER / AFP) LONDON – Global gas markets […]
China’s securities market boosts financing for sci-tech innovation
This undated file photo shows a poster of the STAR Market at a securities brokerage in Nanjing, Jiangsu province. (SU YANG / FOR CHINA DAILY) BEIJING – China's securities market […]
Oil rebounds as OPEC+ weighs biggest output cut since 2020
The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria, on March 3, 2022. (LISA LEUTNER / AP) SINGAPORE – […]
Nighttime offers profitable opportunities
More policies push to meet appetites for evening consumption Visitors tour downtown Changsha, Hunan province, after sunset. (CHEN ZHENHAI / XINHUA) Be it watching the Peking Opera Farewell My Concubine […]
Global funds find promise in SE Asia infrastructure deals
This aerial picture shows business district in downtown Jakarta, on Aug 30, 2022. (BAY ISMOYO / AFP) SINGAPORE – Buyout firms and asset managers are moving in on billions of […]
Asia’s factory activity weakens on global slowdown, cost pressures
Pedestrians walk on the street in the Shinjuku district of Tokyo on September 30, 2022. (PHILIP FONG / AFP) TOKYO – Asia's factory output factory output mostly weakened in September as […]
Digital transformation creates new types of jobs in China
An employee works at a smart auto parts production facility in Huzhou, Zhejiang province in December. (TAN YUNFENG / FOR CHINA DAILY) BEIJING – Digital transformation and technological innovation have […]
Japan spent record of nearly $20b to support the yen
Banknotes of Japanese yen are seen in this illustration picture taken Sept 23, 2022. (FLORENCE LO / ILLUSTRATION / REUTERS) TOKYO – Japan spent up to a record 2.8 trillion […]
Geely acquires 7.6% stake in Aston Martin
In this photo illustration, the logo of "Aston Martin" is displayed on a mobile phone screen in front of a computer screen displaying "Aston Martin" in Ankara, Turkiye on Aug […]
Genting aims to upend Macao casino landscape in bidding war
Signage of Genting Malaysia’s Resorts World is displayed at its complex of casino, hotel and entertainment park in Genting Highlands, Pahang, Malaysia on Sept 16, 2022. (HASNOOR HUSSAIN / REUTERS) […]
Singapore tightens housing loan limits as rates rise
View of private residential properties in Singapore April 28, 2021. (Edgar Su / REUTERS) SINGAPORE – Singapore has unveiled a package of measures for the property market, including tightening lending […]
Indian central bank raises repo rate by 50 bps
A man walks past a sign of the Reserve Bank of India in Mumbai on August 5, 2022. (INDRANIL MUKHERJEE / AFP) MUMBAI – The Reserve Bank of India's benchmark […]
China’s SOEs post steady income growth in first 8 months
This undated file photo shows a containership owned by COSCO, a central SOE, being berthed at a port in Qinzhou, Guangxi Zhuang autonomous region. (PHOTO / XINHUA) The combined profits […]
Homegrown, high-quality goods prevail
Report: COVID-19 pandemic brings many changes to consumer behavior Consumers check out Huawei smartphones at a store in Shanghai in June. (PHOTO PROVIDED TO CHINA DAILY) Chinese consumers have become […]
Policy steps to stabilize fund inflows
Update of catalog of industries to attract capital to key sectors, regions A bank staff member counts RMB and US dollar notes in Nantong, Jiangsu province. (PHOTO / Sipa) China […]
China’s manufacturing PMI up in September
A staff member works at a workshop of microwave oven factory in Foshan city, south China's Guangdong province, April 1, 2021. (LI JIALE/XINHUA) BEIJING – The purchasing managers' index (PMI) […]
Central bank set to boost market confidence
Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing. (PHOTO / IC) China's central bank is expected to prioritize stabilizing market confidence in the […]