China’s relationship with South Korea has been testy since Seoul allowed the deployment of a U.S. anti-missile system on domestic soil, but that may soon change as the world’s second-largest economy needs a few favors from its neighbor too. South Korean President Moon Jae-in arrived in Beijing on Wednesday and will meet Chinese President Xi […]

China summoned Australia‘s ambassador to lodge a complaint last week over Canberra’s allegation that Beijing had sought to interfere in Australian politics, a source familiar with the diplomatic action told Reuters on Thursday. Relations between Australia and China became strained in recent weeks after Canberra said it would ban foreign political donations as part of […]

China’s fixed-asset investment growth slowed to 7.2 percent in the January-November period, while industrial output expanded at a faster pace than markets had expected. Analysts polled by Reuters had correctly predicted investment growth of 7.2 percent, cooling from the 7.3 percent rate in the Jan-Oct period. Private sector fixed-asset investment rose 5.7 percent in January-November, […]

China’s central bank on Thursday raised interest rates for its reverse repos and medium-term lending facility (MLF) loans by 5 basis points, hours after an anticipated U.S. Federal Reserve rate hike. Source: cnbc china China lifts market rates, following move by Fed

China just took over a port in India’s backyard, and now it looks like India is countering the move. Some 25 miles (40 kilometers) away from a Chinese-operated port in southern Sri Lanka lies an airport that’s been dubbed the world’s emptiest. India, unruffled by the vacant terminals, is looking to snatch up the under-used […]

China is hitting back at countries expressing concerns about the East Asian country’s rising influence in their domestic affairs. While some friction between China and the West was natural, recent comments by certain countries accusing Beijing of meddling in local matters were “logically absurd” and took the “moral low ground,” Communist Party-linked Global Times on […]

U.S. stocks were mostly higher ahead of Asia’s Thursday trading day after the Federal Reserve raised interest rates for the third time this year. The Fed raised interest rates by a quarter point on Wednesday, in a move that was widely expected by markets. That increased the central bank’s target range to between 1.25 percent […]

U.S. Secretary of State Rex Tillerson offered to begin direct talks with North Korea without pre-conditions, backing away from a key U.S. demand that Pyongyang must first accept that giving up its nuclear arsenal would be part of any negotiations. Tillerson’s new diplomatic overture comes nearly two weeks after North Korea said it had successfully […]

A United Arab Emirates state-owned oil giant made a positive stock market debut Wednesday, a listing likely to resonate through the Middle East as several other companies prepare to go public. The Abu Dhabi National Oil Company (ADNOC) listed a stake in its fuel distribution unit, called ADNOC Distribution. John Carey, the deputy CEO of […]

China’s economy will expand a bit faster than expected this year on resilient consumption but growth will stutter in 2018, the Asian Development Bank said Wednesday. Growth on the mainland is now expected at 6.8 percent in 2017, up from the previous forecast of 6.7 percent, the Asian Development Bank (ADB) said in its latest […]