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foreign interference program.The Immigration and Refugee Board ruled that Jing Zhang had worked for the Overseas Chinese Affairs Office (OCAO), which it said conducts espionage in Canada.While immigration officials did not argue that Zhang committed espionage, the Refugee Board found that as an 11-year OCAO employee, she had contributed to its efforts to pressure the Chinese diaspora.According to the 32-page decision, the Peoples Republic of China (PRC) uses the OCAO to silence dissent overseas.The organization “was and remains involved in espionage against the PRC‘s targeted individuals and groups in Canada,” the IRB added.“The OCAO conducting espionage, surveillance or covert monitoring of Chinese and ethnic Chinese dissidents or minorities in Canada is against Canada, and contrary to its security interests.”The decision to deport Zhang for security reasons was handed down on Aug.

A look at the day ahead in European and global markets from Kevin Buckland

By Joe Cash and Christoph Steitz

BEIJING — China's luxury sales are rebounding, and while they're not back to 2021 levels yet, industry analysts and financial releases from major brands point to new growth opportunities versus pre-pandemic trends.

China plans to merge three of its largest state-owned bad debt asset managers with its China Investment Corp sovereign fund as part of a plan to reform institutions, the official Xinhua news agency cited unidentified sources as saying in a report on Sunday.

BEIJING (Reuters) — China plans to merge three of the nation's biggest bad debt managers into sovereign wealth fund China Investment Corp (CIC), state-run Xinhua Finance News reported, as part of a plan to reform financial institutions.

India, France to strengthen defence ties On the 60th anniversary of diplomatic relations between China and France, Chinese President Xi offered to "break new ground" to give a fillip to bilateral ties between the two countries. Chinese Foreign Minister Wang Yi said they have offered to step up French imports to the country.

SHANGHAI (Reuters) -China's securities regulator said on Sunday that it will fully suspend the lending of restricted shares effective from Monday, in policymakers' latest attempt to stabilise the country's stock markets following recent sharp falls.

By Jamie McGeever

China on Saturday said that top diplomat Wang Yi and US National Security Advisor Jake Sullivan held «candid, substantive and fruitful» talks in Thailand's capital Bangkok, where issues including Taiwan were discussed. Beijing and Washington have clashed in recent years on flashpoint issues from technology and trade to human rights, as well as over the self-ruled island and competing claims in the South China Sea.

BEIJING (Reuters) — China's major southern city of Guangzhou fully relaxed home purchase limits for some people on Saturday and said it would increase affordable housing supply, in a move to support the local property market.

HONG KONG—For many people in China these days, getting a job isn’t the problem. Finding a good one that pays enough is. With the economy in a funk and deflation settling in, many people are having to settle for jobs beneath their skill levels, often with reduced pay.

Beijing has confirmed that a longtime British businessperson in China was sentenced to five years in prison in 2022 on an espionage charge

slashing its global corporate workforce by 10% to 15% in the first half of the year — as part of a two-year restructuring plan that seeks to cut costs and simplify its operations, the denim giant said. The layoffs on the same day Levi's unveiled a proposed 10-year extension to the naming rights for Levi’s Stadium, home of the San Francisco 49ers, in a $170 million deal. Microsoft layoffs Microsoft is laying off some 1,900 employees in its gaming division, according to an internal company memo.

Breitbart economics and finance editor John Carney and FOX Business host Taylor Riggs forecast the Federal Reserve’s highly anticipated rate decision and discuss the U.S. economy.

By Alex Lawler

BEIJING — China and the U.S. are working toward creating a more stable and predictable environment for businesses, Chinese Commerce Minister Wang Wentao said Friday.

MSCI's broadest index of Asia-Pacific shares outside Japan held broadly steady and was on track for a weekly gain of 2%. Trading was thinned with Australia out on a holiday. Chinese stocks looked set to end the week on a strong footing as a wave of policy support from Beijing restored fragile investor confidence and put a floor under its sliding stock market. The blue-chip index rose 0.03% and was eyeing a 2% weekly gain, while the Shanghai Composite edged 0.3% higher, putting it on track for a 3% weekly rise, its largest since July 2023. Hong Kong's Hang Seng Index eased 0.41%, but was still more than 5% higher for the week, also its best performance since last July. In an attempt to shore up its fragile economic recovery, China's central bank announced a deep cut to bank reserves on Wednesday, in a move that will inject about $140 billion of cash into the banking system. Those came a day after Bloomberg News reported Chinese authorities are seeking to mobilise about 2 trillion yuan ($278.98 billion), mainly from the offshore accounts of Chinese state-owned enterprises, as part of a stabilisation fund to buy shares. «We remain cautious on China, in line with our view for several years,» said John Pinkel, a partner and portfolio manager at Indus Capital. «We see evidence of selling induced by structured 'snowball' products, especially from onshore China sources.

China's central bank has announced new rules meant to expand access to commercial bank loans for property developers

Investing.com-- Most Asian stocks rose on Thursday, with Chinese markets extending a rebound after the government announced more monetary stimulus measures, while Japanese shares lagged as mixed cues from the Bank of Japan spurred more profit-taking.

Mohamed Muizzu asking India to withdraw troops from the island nation, India's Navy Chief R Hari Kumar has said that Prime Minister Narendra Modi's government has not told its defence personnel to pull out from Maldives. India and Maldives are reportedly in talks over the removal of troops from Maldives.