China’s central bank said it will allow banks to cut the minimum required mortgage down payment to 20 percent from 25 percent for first-home purchases to the lowest level ever
Magic Leap Inc., the mysterious startup working on a device that simulates reality, has raised USD793.5 million in a new round of funding led by Alibaba Group Holding Ltd. Other new
Travelers faced flight delays and cancelations after heavy snow fell in central Hubei province over the weekend and closed down the airport in the city of Wuhan. According to the
Taiwan’s legislature yesterday elected a new speaker from the independence-leaning Democratic Progressive Party following its landslide victory in elections last month. Su Jia-chyuan became the first DPP speaker of the 113-seat
Chinese manufacturing ebbed in January to its lowest in more than three years, a possible sign of further weakness in the world’s No. 2 economy after posting its slowest annual
Police arrested the maverick founder of China’s largest online finance business on suspicion of fleecing 900,000 investors of USD7.6 billion, in what could be the biggest financial fraud in Chinese
In the latest chapter of a scandal that’s jolted New York’s art world, a federal jury is hearing about a Chinese immigrant who forged fakes of modern masters such as
In response to a report addressing the topic of world press freedoms, the Association of Portuguese and English Press in Macau (AIPIM) has issued a statement criticizing the International Federation
The Pentagon confirmed it sent a ship into waters claimed by China, calling it a “freedom of navigation” operation meant to challenge attempts by that country and others to restrict
Now, an industry group is predicting that China, the world’s biggest importer of U.S. agricultural goods, will open its market fully by the middle of this year. The last issue to
Pakistan expects half of the USD1 billion it’s seeking for clean-energy projects this year to come from China after an agreement between the two nations aimed at helping the government in
A Chinese court sentenced two men to death in the 2013 killing of Akong Rinpoche, a well-known religious figure who founded the first Tibetan Buddhist monastery in the West and
Four miners were rescued from a collapsed mine in eastern China on Friday after 36 days trapped underground, the state-owned Xinhua news agency reported. The gypsum mine in Shandong Province collapsed on
A lawyer for a Chinese national who supplied Iran with U.S.-made devices that can be used to convert uranium for nuclear weapons is criticizing the U.S. government for dropping charges
The 800-year-old town of Lijiang in China’s southern province of Yunnan faces a number of major challenges if it is to preserve the cultural heritage that saw the location bestowed
Global stocks held steady after the Federal Reserve’s policy statement acknowledged global risks, reducing the chances of a March rate hike to 18 percent, according to Bloomberg data, compared with
Taiwan’s president, defying a rare criticism from key ally the United States, visited an island in the disputed South China Sea yesterday to emphasize Taiwan’s sovereignty claims in the increasingly
The Chinese mainland earlier this week denied setting a cap on the number of tourists that can visit Taiwan, instead pointing to market behavior as the reason for a recent
Chinese artist and activist Ai Weiwei is withdrawing his works from two museums in Denmark to protest a new law that allows Danish authorities to seize valuables from migrants. Ai announced
An international arbitration case over the disputed South China Sea that has been boycotted by China will “settle once and for all” whether artificial reefs are entitled to territorial waters,
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