Markets

China's HNA Group Co said some 67,400 creditors are seeking a total of 1.2 trillion yuan (US$187 billion), according to a person who attended the conglomerate's online meeting for creditors on Friday.

The Reserve Bank of India (RBI) kept interest rates steady at record lows on Friday, as widely predicted, as it assesses the impact of a devastating second wave of COVID-19 infections on the economy.

Japan's economy likely shrank slightly less than initially estimated in the first quarter, a Reuters poll showed, though state of emergency curbs to combat the coronavirus pandemic are seen keeping any rebound in the current quarter modest.

SHANGHAI: China has proposed an 'appropriate reduction' to stamp duty，said Zang Tiewei, spokesperson for the Legislative Affairs Commission of the National People's Congress (NPC) Standing Committee. Zang told a meeting on Friday that the government had proposed to further clarify the scope of ...

The developed world's most dovish central bank and companies keen to put cash to work overseas have combined to make Japan's yen one of the world's worst performers this year, and that weakness could linger a while.

Thailand's headline consumer price index (CPI) rose for a second straight month in May, up 2.44per cent from a year earlier, the commerce ministry said on Friday, slightly missing analyst expectations.

China's aviation regulator will limit Air France's Paris-to-Tianjin flight to a load factor of 40per cent for four weeks from June 7, it said on Friday, after COVID-19 infections were found among passengers.

China's most indebted property developer Evergrande Group said its debt will drop to below 600 billion yuan (US$93.73 billion) by the end of this month, coming close to its year-end target of 560 billion yuan.

China's exports likely extended brisk growth in May as major trading partners emerged from their pandemic-driven downturns, while surging raw material costs were seen lifting the value of imports, a Reuters poll showed.

Philippines annual inflation in May was steady at 4.5per cent for the third straight month, as slower price increases in the heavily-weighted food and non-alcoholic beverage index offset higher energy costs, government data showed on Friday.