Steve Westly sees valuation, SEC approval, and China complicating Tesla-SpaceX deal
Ex-Tesla director Steve Westly says a merger of the two firms faces obstacles around valuation, regulatory greenlights, and Tesla's China business.
5 h ago9 min read
China
Reuters estimate puts PBOC USD/CNY midpoint at 6.6758
The PBOC is expected to announce its daily USD/CNY midpoint around 0115 GMT, with Reuters estimating it at 6.6758.
5 h ago7 min read
China Steps Up Bid to Confiscate $5 Billion Bitcoin From UK-Based Fraudster
Chinese authorities seek to confiscate 62,000 bitcoins worth $5 billion from a fraudster who fled to the UK, following a UK High Court ruling that Chinese lawβ¦
12 h ago8 min read
China's CSI 300 Enters Bear Market as Asian Sell-Off Broadens
China's CSI 300 fell into bear market on 10-week losing streak, with Asian markets also declining.
22/10/2026 06:4512 min read
PBOC fixes USD/CNY mid-point at 6.7192, above market estimate
The PBOC set the USD/CNY mid-point at 6.7192, higher than the 6.6779 estimate.
21/10/2026 02:112 min read
China keeps lending rates unchanged; Asian stock markets slip
China kept benchmark lending rates on hold for a 17th month and guided the yuan stronger; Asian equities mostly fell.
20/10/2026 04:1216 min read
PBOC schedules overnight reverse repos each day through Nov 2, following rate-signal remarks
PBOC will run daily overnight reverse repos from 21 October to 2 November; the unconfirmed rate will signal its policy path.
20/10/2026 03:1314 min read
Stronger Chinese activity gives yuan a lift, yet patchy spending limits gains, MUFG says
MUFG sees a firmer Chinese growth backdrop supporting the yuan, while uneven demand and possible policy easing could limit the currency's upside.
20/10/2026 03:1314 min read
China's benchmark lending rates stay put for 17th month; PBOC shifts focus
China held its loan prime rates unchanged for the 17th consecutive month, with the PBOC now focusing on short-term rates as the policy lever.
20/10/2026 02:1216 min read
PBOC likely to fix USD/CNY at 6.6813 β Reuters poll
The PBOC has eased resistance to yuan gains, with the fixing rising for eight consecutive days and the gap with market forecasts narrowing.
20/10/2026 01:1219 min read
China considers overnight rate as new policy anchor, shifting market focus
China's PBOC plans to shift its main policy operations to overnight rates, a signaling change not a cut, affecting bonds, yuan and commodity currencies.
19/10/2026 23:1120 min read
China LPR rates expected to remain unchanged for 17th month after Q3 beats forecasts
China is expected to keep benchmark lending rates unchanged for the 17th consecutive month after Q3 GDP beat expectations.
19/10/2026 21:1217 min read
Chinese stocks hit longest losing streak as AI slides
The CSI 300 fell for a 10th straight week, its worst run since 2005, as AI and semiconductor stocks led the decline.
19/10/2026 19:435 min read
Beijing steps in after 10% slide this year; urges buying, curbs selling
Chinese regulators have urged state funds and companies to buy equities and some investors to curb selling after the benchmark slid about 10% this year.
19/10/2026 03:1916 min read
China GDP tops Q3 expectations; retail sales post sharpest growth since March
China's Q3 GDP grew 4.5%, beating forecasts, while September retail sales rose at the fastest pace since March. Investment remained weak.
19/10/2026 03:1316 min read