Hong Kong told the United States to keep out of the debate over national security legislation being imposed by China, and warned that withdrawal of the financial hub's special status under U.S. law could backfire on the U.S. economy.
Investors globally were anxiously awaiting U.S. President Donald Trump's news conference later on Friday, when he is expected to give his response to China's moves to extend control over Hong Kong. [MKTS/GLOB]
China plans to extend interbank market trading hours as part of efforts to increase the appeal of its bond market to foreign investors, three sources told Reuters on Friday.
Volkswagen AG plans to boost its electric push in China, the world's biggest auto market, by pumping 2.1 billion euros (1.9 billion pounds) in two Chinese electric vehicle players.
China has excluded "clean coal" from a list of projects eligible for green bonds, according to long-awaited new draft guidelines published by the central bank on Friday.
Indian Prime Minister Narendra Modi has not spoken with U.S. President Donald Trump about the south Asian nation's military standoff with China, a government source said on Friday, after Trump suggested Modi was upset about border tension.
China's Didi Chuxing said on Friday it had completed a fundraising round of over $500 million (£406.50 million) for its autonomous driving subsidiary that was led by SoftBank Group's Vision Fund 2.
Bankers and investors fear China's push to impose national security laws on Hong Kong threaten the city's future as an international financial centre. If it gets to that stage, Beijing's move will come at a cost for China's economy.
European Union foreign ministers sought to toughen their strategy on China on Friday to counter Beijing's increasingly assertive diplomacy and accelerate efforts to end unfettered access for Chinese business in Europe.
Chinese civil aviation authorities plan to extend until June 30 their curbs on international flights to contain the spread of the coronavirus, the U.S. embassy in Beijing said in a travel advisory on Friday.