Customers at a currency exchange outlet in Shanghai. Reuters
China’s retail giant Alibaba is finally making its move on Europe. The company is undercutting the sellers’ fees to attract vendors but has had mixed results, six sources with direct
China’s central bank said on Wednesday it was cutting the amount of cash that all banks must hold as reserves, releasing around 800 billion yuan ($114.91 billion) in funds to shore up
China's birth rate dropped last year to its lowest level since the Communist country was founded in 1949, adding to concerns that an ageing society and shrinking workforce will pile pressure on a slowing economy.
Shanghai, Hong Kong and Seoul rose while Tokyo and Sydney retreated.
Bitcoin dropped by 7% to $48,176 in a third straight session of losses while others such as Ether and XPR suffered double-digit tumbles.
Spot gold was steady at $1,783.28 per ounce by 05:45 GMT while US gold futures rose 0.1% to $1,783.90 per ounce.