Asia

China to expand scheme allowing insurers to invest in stock market

China will expand a pilot scheme allowing insurance companies to invest in stock markets, the head of the financial regulator said on Wednesday. Read more...

Pakistan Says 5 India Planes Shot Down, Soldiers Taken Prisoner

Pakistan said it shot down five Indian airplanes and took Indian soldiers prisoner in retaliation to Indian military strikes early Wednesday. Read more...

Bessent, Greer to meet with Chinese officials in Switzerland this week

U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer will meet with China's top economic official later this week in Switzerland, the...

Trump Says He’ll Set Trade Terms, Doesn’t Need Tariff Deals

US President Donald Trump said he would prescribe tariff levels and trade concessions for partners looking to avoid higher duties, appearing to move away...

China, HK stocks gain on trade deal hopes, local currency strength

SHANGHAI: China and Hong Kong stocks hit one-month highs today as expectations for a China-US trade deal outweighed worries from a downbeat China service...

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