Asia/Pacific
China says needs to ensure economic risks don't turn into social risks
China needs to ensure that risks presented by a slowing economy do not morph into social risks, the state planner said on Friday, acknowledging the problems the country faces should unemployment rise.
Will $500-billion buying support restore normalcy in Chinese market?
Can $500 billion restore normalcy in Chinese stock market? China's stock market capitalization melts by $3-trillion as equities crash 30% in less than a month while State-owned banks step in with buying support. Technical charts indicate further fall and economy slowdown becomes a major concern.
Mitsubishi Motors plans Japan, SE Asia, Russia output focus after U.S. pullout
The president of Mitsubishi Motors Corp (7211.T) said Japan, SouthEast Asia and Russia will become the automaker's principal production hubs after it calls time on making cars in the United States later this year because of dwindling output there.
China state-owned margin lender returns market-steadying funds early
The China Securities Financial Corporation (CSFC) has returned ahead of schedule some of the funds it borrowed from commercial banks to stabilize the stock market, three people in the banking industry with direct knowledge told Reuters.