Ant Digital’s financial AI ambitions reflect a broader shift among Chinese tech firms towards domain-specific LLMs. With foundational models reaching diminishing returns in general capabilities, …
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Trump targets tariff evasion, with eye on China
As the United States ramps up tariffs on major trading partners globally, President Donald Trump is also disrupting strategies that could be used — by Chinese companies or others — to circumvent …
China allocates 1b yuan to disaster relief efforts
BEIJING — China has allocated disaster relief funds totaling 1.015 billion yuan (about $142 million) to multiple provincial-level regions, the Ministry of Finance (MOF) said on Tuesday. The funds …
China’s independent oil firms elbow into Iraq’s majors-dominated market
China’s independent oil companies are ramping up operations in Iraq, investing billions of dollars in OPEC’s number two producer even as some global majors have scaled back from a market dominated by …
China pledges more financial support for advanced manufacturing
China issued guidelines on Tuesday to boost financial support for advanced manufacturing, saying it would encourage banks to provide more medium- and long-term financing to industries such as …
China vows to step up financial support for key industrial sectors
China on Tuesday issued guidelines on financial support for key industrial sectors, vowing to guide banks to provide medium- and long-term financing for industries such as integrated circuits and …
Asian Growth Stocks Insiders Are Eager To Own
As global markets grapple with trade policy uncertainties and economic slowdowns, the Asian market remains a focal point for investors seeking growth opportunities. In this context, companies with …
Asian Market Value Picks: 3 Companies That May Be Trading Below Intrinsic Estimates
Amidst global economic uncertainties and fluctuating trade policies, Asian markets have shown resilience, with varying impacts on indices across the region. This environment presents opportunities for …
China’s Services Sector Activity Accelerates
A private gauge of China’s services sector showed activity expanded at the fastest pace in more than a year in July, as demand improved during the summer travel rush.
China denies new crypto ban amid market rumours
China has dismissed recent rumors of a renewed cryptocurrency ban, confirming that no new restrictions have been introduced.
New committee, bailout talk: is China launching a fresh property rescue effort?
China’s central bank has set up a new ‘financial stability committee’ and pledged to defuse risks in key regions and institutions.
China eyes bigger global role for yuan as US dollar stability questioned
China is stepping up efforts to internationalise the yuan, as growing doubts about the US dollar’s stability provide a window of opportunity for the currency. The People’s Bank of China (PBOC) …
China Aviation Giant Mulls Spinoff of Two Financial Units
Aviation Industry Corp. of China, the country’s biggest state-owned aviation conglomerate, is considering spinning off its securities and trust units to address debt challenges, according to people …
