China’s Property Risks ‘Manageable,’ PBOC Governor Says
China’s property sector risks are under control, central bank Governor Pan Gongsheng said, amid heightened concern over the
2023-11-10 17:51
Hong Kong Lowers 2023 GDP Expectations as Recovery Sputters
Hong Kong lowered its economic growth forecast for this year in a sign that tough times are still
2023-11-10 16:52
China’s Deflation Pressures Are ‘Temporary,’ PBOC Adviser Says
Signs of deflation in China are only transitory, an adviser to the country’s central bank said despite a
2023-11-10 16:15
China 2024 Budget Deficit Seen Above 3.5% In Break With Past
China will likely set its headline deficit at 3.5% of gross domestic product or higher next year, according
2023-11-10 15:45
Macau Casino Stocks Tumble on Weak Earnings, China Headwinds
Macau casino stocks sank the most since March 2022, led by slump in Wynn Macau Ltd., as disappointing
2023-11-10 13:51
Flights Get Longer as Airlines Are Forced to Skirt War Zones
The Middle East has long been a global crossroads for air travel, with hundreds of aircraft bisecting the
2023-11-10 13:15
Behind ICBC Hack Is a Gang for Hire That Holds Systems Hostage
In January, it hacked the UK’s Royal Mail and halted international mail shipments. Less than a month later,
2023-11-10 12:56
China Battery Maker Gotion Says Globalization Is Inevitable
One of China’s top battery makers, Gotion High-Tech Co., says globalization is an irresistible trend and that protectionist
2023-11-10 12:19
World’s Biggest Bank Forced to Trade Via USB Stick After Hack
On Thursday, trades handled by the world’s largest bank in the globe’s biggest market traversed Manhattan on a
2023-11-10 11:28
ICBC Tells Clients to Reroute Some Trades After Cyber Issue
Industrial & Commercial Bank of China Ltd. was hit by a cyberattack that prevented it from clearing swathes
2023-11-10 09:20
Booming Profits Bolster Japan Automakers’ Cautious Shift to EVs
Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co. all raised their operating profit forecasts for the
2023-11-10 08:56
ICBC Hit By Ransomware Gang Linked to Boeing, Ion Attacks
Industrial & Commercial Bank of China Ltd. is suspected of being hacked by the same group that has
2023-11-10 07:20