East Asia

PBOC cuts reserve requirement and repo rates for economic growth

The People’s Bank of China (PBOC), the country’s central bank, announced a cut in the reserve requirement ratio for financial…

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Tencent unloads US$206 million in Futu shares amid China’s economic stimulus push

Tencent Holdings is the seller behind a share sale of Chinese brokerage-platform operator Futu Holdings, according to people familiar with…

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AIIB adds new member as development bank emarks on grand global mission

The Beijing-headquartered Asian Infrastructure Investment Bank (AIIB) on Thursday welcomed its 110th member amid its efforts to take on a…

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Founding member of JUMBO group, 88, fined over accident that killed 72-year-old passenger

SINGAPORE: The founding member of seafood restaurant chain JUMBO group and the chairman of Teochew association Teo Ann Huay Kuan…

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China cuts amount banks hold in reserve to boost lending

BEIJING: China on Friday (Sep 27) cut the amount banks must hold in reserve, a bid to boost its flagging…

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Key takeaways from CPC leadership's meeting on economic work

Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, presided over a meeting of the Political…

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China to ensure 2 hours of daily physical activities for students

<img src='https://news.cgtn.com/news/2024-09-26/China-to-ensure-2-hours-of-daily-physical-activities-for-students-1xdsuZKRm6s/img/99c8c5a062744da7aeb70bdebafdaa27/99c8c5a062744da7aeb70bdebafdaa27.png' alt='A football match for primary and secondary school students in the city of Langfang, north China's Hebei Province,…

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Ancient Silk Road hub Xinjiang sees 31% foreign trade growth

<img src='https://news.cgtn.com/news/2024-09-26/Ancient-Silk-Road-hub-Xinjiang-sees-31-foreign-trade-growth-1xdnRmSMSTS/img/ec088075a2fb40e48900aada216d82ab/ec088075a2fb40e48900aada216d82ab.png' alt='A view of the China-Europe Railway Express Hub in the Urumqi International Land Port Area in Urumqi, northwest…

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Ancient Silk Road hub Xinjiang sees 31% foreign trade growth

<img src='https://news.cgtn.com/news/2024-09-26/Ancient-Silk-Road-hub-Xinjiang-sees-31-foreign-trade-growth-1xdnRmSMSTS/img/ec088075a2fb40e48900aada216d82ab/ec088075a2fb40e48900aada216d82ab.png' alt='A view of the China-Europe Railway Express Hub in the Urumqi International Land Port Area in Urumqi, northwest…

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Curtain falls on 5th Lushan International Romance Film Week

The curtain has fallen on the 5th Lushan International Romance Film Week with a themed ceremony in Jiujiang City, east China’s…

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