Breaking News: Asia

12 Mins AgoChina's central bank announces $70 billion 're-loan' program to support tech SMEs The People's Bank of China has announced a "re-loan" program of 500 billion yuan ($70 billion) for technological innovation and transformation…

2 Hours AgoGold prices soar to record high on hopes of Fed cutGold prices extended their rally on Monday, scaling to a new record.The optimism was helped by U.S. interest rate cut expectations and bullion's appeal as a safe haven…

37 Mins AgoChina Vanke falls 2% after reporting drop in annual profit, revenue A crane with the China Vanke logo at a residential construction site in China, on Sept. 28, 2021.Qilai Shen | Bloomberg | Getty ImagesShares of state-owned…

The Philippines hikes interest rates by 0.5%Tencent shares buoyant as tech giant talks up new revenue channels Even though Tencent posted its first revenue decline for the second quarter this year on Thursday, the company's shares traded…

29 Mins AgoCNBC Pro: Forget Big Tech. Bernstein likes these global stocks from an 'unloved' part of tech — and moreHigh interest rates are usually bad for tech stocks, and they're now a key macroeconomic risk for "expensive" ones in…

In the last few weeks, top policymakers have announced more support for the economy, primarily struggling local governments.The International Monetary Fund last week cited Beijing's policy announcements as a reason to raise its China…

An Hour AgoBOJ should shun ultra-loose policy to support yen, Deutsche Bank saysAmong major central banks, the Bank of Japan has been most notorious for its ultra-loose monetary policy, but that must come to an end soon to support the…

2 Hours AgoChina industrial profits fall in Jan-Sept periodChina's industrial profits fell in the first nine months from a year earlier, according to data released by the government.Profits at industrial firms shrank by 9% in the January…

4 Hours AgoOil settles slightly higher after sell-off this weekOil settled slightly higher on Thursday but still hovered at three-months lows after a sell-off this week triggered by worries that demand is softening. Brent crude contracts…

Mon, Nov 27 2023 12:26 AM ESTBeijing exchange asks major shareholders of listed companies to not reduce stakes: ReutersThe Beijing Stock Exchange has asked major shareholders of listed companies not to reduce holdings even if they are…