The Chinese government is trying to encourage people to spend more by ensuring that share prices will rise, ordering pensions and mutual funds to invest more in domestic stocks to help jolt its languid markets out of the doldrums.

Finance Minister Pichai Chunhavajira has vowed to push for an emergency decree to grant the Securities and Exchange Commission (SEC) increased authority to punish offenders.

The partnership formed by Oracle, OpenAI and SoftBank is due to invest up to $500 billion. SoftBank's shares rose 3.7% on Thursday in Tokyo trading after jumping 11% the day before. Elsewhere in Asia, the S&P/ASX 200 in Australia fell 0.6% to 8,383.50, while the Kospi in Seoul lost 0.8% to 2,526.98.

BANGKOK -- The Chinese government is ... added to A-shares every year," said Wu Qing, chairman of the China Securities Regulatory Commission. The announcement followed a meeting of top financial ...

China is guiding local mutual funds and insurers to boost their stock purchases in the government’s latest initiative to shore up its ailing equity market as it confronts the threat of higher tariffs.

BANGKOK — The Chinese government is ... to A-shares every year,” said Wu Qing, chairman of the China Securities Regulatory Commission. The announcement followed a meeting of top financial ...

BANGKOK (AP) — World shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Germany's DAX gained 0.2% to 21,300 and the CAC 40 in Paris edged 0.1% higher to 7,847.38. Britain's FTSE 100 slipped less than 0.1% to 8,539.88.

“This means that at least several hundred billion yuan of long-term funds will be added to A-shares every year,” said Wu Qing, chairman of the China Securities Regulatory Commission. The ...

BANGKOK (AP) — Asian shares were mixed ... dividends to improve shareholder returns, the head of the China Securities Regulatory Commission, Wu Qing told reporters. Share prices in Shanghai ...

In a move cheered by cryptocurrency enthusiasts, last month former prime minister Thaksin Shinawatra proposed using Phuket province as a Bitcoin sandbox for tourism, aiming to encourage digital currency holders to spend in Thailand.

To double down on its pro-crypto agenda, Thailand is reportedly exploring a stablecoin that is backed by bonds, not fiat currencies.

Hong Kong’s SFC has granted crypto licenses to PantherTrade and YAX, bringing the total to seven amid strict regulatory oversight.