China Financial News

By Casey Hall and Ben Blanchard

A giant Chinese real estate developer that is struggling to avoid defaulting on $340 billion in debt says it is asking a U.S. court to approve a restructuring plan for foreign bondholders and denied what it said were news reports suggesting it filed fo...

BEIJING — Winking, grimacing or nodding their heads, robots mimicked the expressions of visitors at a robot expo in Beijing.

Across the developing world, many countries are fed up with America’s dominance of the global financial system — and especially the power of the dollar

Japanese Prime Minister Fumio Kishida says he will visit the tsunami-wrecked Fukushima nuclear plant on Sunday before setting a release date for its treated radioactive wastewater, as his government continues working to promote understanding over the c...

China's Foreign Ministry has confirmed that President Xi Jinping will attend next week's summit of the BRICS nations in Johannesburg, to be followed by a state visit to South Africa

Chinese leader Xi Jinping has called for measures to mitigate the effects of this year’s disastrous flooding which has left scores dead and inflicted massive damage on crops, homes and infrastructure, including in and around Beijing

Congress leader Rahul Gandhi on Saturday rode a motorcycle from Leh to Pangong Lake in the Union Territory of Ladakh on the eve of his father Rajiv Gandhi's birth anniversary, a party spokesman said. The former Congress president is currently on a tour of Ladakh — his first since the region was made a Union territory after being carved out of Jammu and Kashmir in August 2019 — and is likely to visit Kargil next week. The erstwhile state of Jammu and Kashmir was also turned into a Union territory and its special status under Article 370 of the Constitution was revoked. Gandhi reached Leh on a two-day visit on Thursday, later deciding to extend his stay in the region by four more days to cover Pangong Lake, Nubra Valley and Kargil district, Congress spokesperson and leader of opposition in Ladakh Autonomous Hill Development Council (LAHDC), Leh, Tsering Namgyal told PTI on phone. After covering more than 130 km on motorcycle, Gandhi will stay overnight at Pangong Lake where a token celebration will be organised in connection with the birth anniversary of former prime minister Rajiv Gandhi on Sunday, he said.

MANILA (Reuters) — The Philippine armed forces said on Saturday it would again seek to resupply troops stationed in a rusty World War 2-era ship on a reef in the South China Sea, after China blocked a previous attempt with water cannons.

By Nichola Groom

By Crispian Balmer

ALSO READ: Apple' Foxconn commences production of iPhone 15 in Tamil Nadu, strengthening operations in India: Report Several reports said that a Foxconn Technology Group plant in Sriperumbudur is all set to deliver the newest devices only weeks after they start shipping from factories in China. According to a Bloomberg report, the firm started production to narrow the gap between the operations in India and the manufacturing base in China.

Ranil Wickremesinghe on Saturday highlighted the need for a comprehensive review of Sri Lanka's national security strategy to chart a course devoid of entanglement in the emerging international rivalries and maintain neutrality in the Indian Ocean region. The review will include a broad range of factors, emerging economic trends and the impacts of climate change, Wickremesinghe said, addressing a Naval gathering in the southern district of Galle. The President has already appointed a team led by a retired Major General to report to the National Security Council for formulating contemporary security policies.

New Delhi: State-run ONGC Videsh Ltd. has been allowed an extension to explore oil and gas for three more years till 15 June 2026 in a Vietnamese block in the South China Sea. "Navratna @ongcvideshltd secures extension of 3 more years to explore in South China Sea's Block 128! #India's strategic commitment stays strong as ONGC Videsh continues its exploration journey with its 8th extension till 15 June 2026.

Trinamool Mahila Congress on Saturday took to the streets of Siliguri and staged a protest over atrocities against women in Manipur. Dressed in clothes similar to those worn by women in Manipur, the TMC women's wing took out the protest. TMC leader Chandrima Bhattacharya said the protest was held to express solidarity with the women of Manipur who were brutally attacked.

‘Suicide attack if necessary’; China sends strong signals to Taiwan, says ready for war ‘at any second’: Report "Since 0900 (UTC 8) today (Aug. 19), the R.O.C. Armed Forces detected 42 PLA aircraft (including KJ-500, Y-9, J-10, J-11, J-16, SU-30 etc.), 26 of which crossed the median line of the Taiwan Strait.

Taiwan's foreign minister accused China on Saturday of trying to «shape» Taiwan's upcoming election, after Chinese military exercises were launched around the island. «The PRC has made it clear it wants to shape Taiwan's coming national election,» said foreign minister Joseph Wu on the ministry's official X account.

«Last year if you remember the markets were quite optimistic going into Jackson Hole but the Fed chair's speech was very hawkish and we had seen a major selloff post his speech because markets were very surprised by his hawkishness,» says Ajay Bagga, Market Expert.We will talk about the Jackson Hole Symposium then, are you expecting any key commentary coming in from the Fed chair and how do you expect this to pan out for the American markets and the spillover for our markets then?It is a strategy setting kind of a seminar. Last year if you remember the markets were quite optimistic going into Jackson Hole but the Fed chair's speech was very hawkish and we had seen a major selloff post his speech because markets were very surprised by his hawkishness.

Vivek Ramaswamy will first contest against popular former President Donald Trump in Republican primaries for US presidential polls. He has already laid out his vision on certain issues like the Russia-Ukraine war, cryptocurrency, immigration, etc. “The Biden administration is so stubbornly attached to the idea of getting Xi Jinping to drop Vladimir Putin.

alliance to bolster security. President Biden hosted South Korean President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida at Camp David, in the first visit by foreign leaders to the presidential retreat since 2015. The three committed to consulting on threats to each’s security, working together on ballistic-missile defense, conducting annual joint military exercises and holding yearly summits to maintain the momentum.

15th annual summit of the BRICS—a group comprising Brazil, Russia, India, China and South Africa—takes place in Johannesburg. For the first time one of the bloc’s leaders will be absent. As host, South Africa’s president, Cyril Ramaphosa, felt he had a responsibility to welcome his Russian counterpart, Vladimir Putin.