Hong Kong Defends Currency Peg for First Time Since 2012

Hong Kong’s de facto central bank stepped in for the first time since December 2012 to prevent the city’s currency from rising against the U.S. dollar.

Shanghai Economy Posts Faster Growth on Services Expansion

Shanghai’s economy expanded 7.7 percent in the first half of the year as expansion for its service industries enabled China’s commercial hub to outpace the national average.

Asia Stocks Halt Two-Week Gain as Slowdown Overshadows Stimulus

Asian stocks halted a two-week advance as an escalating territorial dispute between the region’s two biggest economies and signs of a deeper economic slump overshadowed unexpected stimulus from the Bank of Japan.

China Investment Seen Failing to Secure Growth Rebound This Year

China’s economic slowdown may persist into next year amid a lack of funding for approved infrastructure projects, according to an academic adviser to the nation’s central bank.

China Manufacturing Unexpectedly Contracts as Orders Drop

China’s manufacturing unexpectedly shrank for the first time in nine months as new orders contracted and output rose at a slower pace, signaling the slowdown in the world’s second-biggest economy is deepening.