China said on Wednesday it will guide big state insurers and commercial insurance funds to increase investments in the A-share market, in a latest move to boost its lagging stock market.
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China unveils plan to encourage insurance funds into stock markets
Chinese self-driving truck startup Inceptio eyeing US IPO: report
Chinese self-driving truck developer Inceptio is exploring the possibility of a US intial public offering to raise between $100 million and $200 million …
Singapore’s prime minister warns of a ‘third world war’ if U.S. and China force rest of the world to pick sides
Fortunately, Singapore Prime Minister Lawrence Wong thought a full split was unlikely: “I can’t see how a full decoupling can happen at this stage.”
China’s submarine-launched drones can do more than the US military thinks: study
Amid reports of a new US military plan for an underwater drone release, scientists say China has already done it better The US military is reportedly considering a tactic that involves deploying a …
China’s navy commissions new-generation frigate as competition rises with US and others
China has commissioned a new-generation frigate as competition rises with the U.S. and other regional powers, saying the ship will “play a vital role in enhancing the overall combat effectiveness” of …
China orders pay cap at state-owned financial firms, sources say
China is set to impose a 1 million yuan ($137,309) cap on the annual income of staff at central government-owned financial institutions, three sources said, expanding a campaign against excess against …
Trump says new 10% tariff on China could come by Feb. 1, repeating November pledge
Markets were cautiously optmistic after Trump took a lighter approach to China on Monday. That sentiment lasted a day.
Trump Says He Intends to Impose 10% Tariffs on Chinese Imports on Feb. 1
President Trump said on Tuesday that he intended to impose a 10 percent tariff on Chinese imports into the United States on Feb. 1, a decision that is sure to escalate trade tensions between the…
ByteDance plans to invest $12bn in AI infrastructure
The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.
Trump gave Beijing a one-day break before saying he could hit China with tariffs starting in February
US President Donald Trump had threatened 60% tariffs on Chinese goods on his campaign trail.
HSBC unveils HyQ, a 25-storey office tower in Qianhai to drive cross-border collaboration
The building is home to HSBC China’s Shenzhen branch, HSBC Qianhai Securities and HSBC Software Development Guangdong, a fintech centre. The bank said the tower would be a nerve …
China never intervened in Panama Canal affairs, says Beijing amid Trump threats
China Wednesday claimed it has never interfered in the Panama Canal amid threats of overtaking the shipping channel by the newly inaugurated US President Donald Trump, state media reported. Beijing …
Changi Airport traffic at 99.1% of pre-pandemic levels, China largest passenger market of 2024
Changi Airport has almost fully recovered. Changi Airport handled 67.7 million passenger movements in 2024 — a 14.8 per cent increase from the year before.