The marine news publication Lloyd's List said an anonymous entity based in Dalian has bought several very large crude carriers to create the hub off the coast of Portugal

AES Corporation plans to build a 4,000 megawatt (MW) wind farm off Vietnam's central province of Binh Thuan, the Ministry of Industry and Trade said

The rise in the group's stock was prompted by the company's proposed buyback of $400 million worth of shares.

The policy, driven from the top by Chinese leader Xi Jinping, has resulted in pay cuts and delayed bonuses for staff of state-owned lenders such as CICC and Citic Securities

Zipmex resumed withdrawals a day after suspending them on July 20 and said it was working to address its exposure of $53 million to crypto lenders Babel and Celsius

Denso's operating earnings of 63.6 billion yen ($473 million) for the three months to June 30 fell short of an average estimate of 81 billion yen

Known for its garment-exporting industry, Bangladesh needs the funds for its balance of payment and budgetary needs, as well as for efforts to deal with climate change

Companies globally are grappling with rising costs of raw materials, labour and logistics as China's zero-Covid policy strained supply chains and war in Ukraine pushed up energy prices

IMF Asia-Pacific director Krishna Srinivasan said inflationary pressures are rising due to a global surge in food and fuel costs caused by the war in Ukraine

The Commerce Ministry reviewed the ban owing to "serious concerns" raised by major trading partners and its effect on supply chains and domestic retailers

Many luxury brands from the West suffered a drop in sales in China from mid-March due to store closures and restrictions on movement, but sales are now rebounding

The government blocked the game because of concern about data sharing and mining in China. Tencent owns a major stake in Krafton. Shares in both companies fell on Friday