PBOC's Lu Lei says the Bank will refine the RRR framework and conduct open-market operations more flexibly and precisely

Moonshot AI is exploring a dual-listing in Hong Kong and Shanghai, in a move to boost capital and market exposure, SCMP reports citing sources

Iran-backed Houthis have reportedly taken control of the Red Sea City of Mocha; sources suggest that the group are approaching the Bab el-Mandab Strait

PBOC's Lu Lei says the Bank will refine the RRR framework and conduct open-market operations more flexibly and precisely

Ryanair (RYA ID) CEO says that if oil prices remain higher into the next year, then he believes that there will be a "significant" uplift in airfares; have stopped hedging oil prices in recent weeks

China's Financial Regulatory Administration says it will vigorously clamp down on "price wars" and similar practices, Xinhua reports