China will halve the tariff it applies to imported automobiles and parts into the world's biggest car market in the first major trade victory for U.S. President Donald Trump.

Global stocks eased from their Monday rally as investors returned their attention to a surging U.S. dollar and sky-high oil prices by extending bets on faster inflation in the world's biggest economy.

More than 60 per cent of mainlanders with personable investible assets worth in excess of US$1 million now hold those offshore, and 10 per cent of that by value are handled by foreign banks

Divestment of Shenzhen-based Century Securities expected to be worth at least US$564.67 million. Anbang owns 91.65 per cent of the operation

Lenovo's rebuttal comes after it was accused of failing to back Chinese telecoms company Huawei in setting global standards for fifth generation (5G) mobile communications technology, which it also denied

Some of China's major suppliers could lose out if Beijing diverts purchases to the US to placate Washington, analysts say

There will be a 'main blockchain that dominates the market', meet supported by China's Ministry of Industry and Information Technology hears

Analysts suggest zero rates for smaller depositors could soon become a thing of the past and overall lending amounts could rise in June for the first time in 12 years

Zen Soo zen.soo@scmp.com

Laura He laura.he@scmp.com