The International Monetary Fund (IMF) has projected ongoing global economic expansion and a decrease in inflation rates for the years 2024 and 2025. This forecast follows what the IMF describes as "surprisingly resilient" economic activity…

China's economy surpassed expectations with faster-than-anticipated growth in the first quarter of the year, providing a much-needed lift for policymakers contending with challenges such as a property-sector crisis, subdued consumer demand, and escalating government debt. According…

Morgan Stanley is planning to initiate significant cuts to its investment-banking workforce in the Asia-Pacific region, targeting around 50 positions, according to individuals familiar with the matter. The reductions are anticipated to primarily impact Hong…

China's central bank, the People's Bank of China (PBOC), adhered to expectations on Monday by leaving a key policy rate unchanged while rolling over maturing medium-term loans and implementing measures to withdraw liquidity from the…

Alibaba Group's digital technology and intelligence subsidiary, Alibaba Cloud, has introduced a suite of groundbreaking product features and services tailored for international clientele, aimed at streamlining artificial intelligence (AI) processes and fostering global accessibility to…