Sectors
China to inject FX reserves into policy banks: Caixin
China's central bank will inject some of its war chest of foreign exchange reserves into two state-owned policy banks to support the government's overseas development plans, financial news magazine Caixin reported.
Halliburton warns of weakness in North America, international operations
Halliburton Co (HAL.N) warned of headwinds in its international operations and pricing pressure for its oilfield services in North America, its largest market, as an extended slump in oil prices continues to force drillers to slash spending.
Chinese president to launch economic corridor link in Pakistan
Chinese president Xi Jinping is due in Pakistan on Monday where he will launch $46 billion in projects linking the old allies, a figure that far exceeds U.S. spending in Pakistan and underscores China's projection of power in Asia.
Volkswagen exploring new budget models for China: exec
Volkswagen (VOWG_p.DE) is exploring the possibility of developing budget sports utility vehicles (SUVs) and multi-purpose vehicles (MPVs) in China in a bid to keep up with shifts in the market, its China chief executive, Jochem Heizmann, said on Sunday.