AFP China launched the world’s first quantum satellite on Tuesday, state media reported, in an effort to harness the power of particle physics to build an “unhackable” system of encrypted communications. The launch took place at 1:40 am in the southwestern Gobi Desert, the official Xinhua news service said, and comes as the US, Japan and others also seek …

  Bloomberg Chinese authorities are planning not to impose an aggregate quota on trading via the Shenzhen-Hong Kong stock exchange link, according to two people familiar with the matter. Daily trading will still be subject to a cap, the people said. Officials are also considering removing the overall limit for equity trades through Hong Kong’s existing link with Shanghai, one …

  Bloomberg Indonesia’s tax amnesty could boost industrywide car sales in the country by a fifth as people spend their newly declared wealth on big-ticket items, according to the local unit of Honda Motor Co. “The car ownership ratio in Indonesia is relatively low and there’s enough room for producers to sell more,” Jonfis Fandy, head of sales and marketing …