Profits at large industrial firms fell by 3.6% in the first 11 months of 2022, data showed Tuesday. A further fall is seen for December before things improve in the first quarter of 2023

Stocks in Hong Kong, Shanghai and Tokyo all rose on Tuesday after Beijing dropped its quarantine requirement for inbound travellers; the US dollar also eased

Japanese oil and gas giant signs 20-year agreement to buy LNG from Venture Global in the United States

Founder of Chinese tech giant reprimands staff over 'corruption' issues and mismanagement after horror year of tech crackdown

Health officials say China's Covid crisis – said to be causing thousands of deaths a day – is likely to strain its fragile health system for at least two months

BioNTech vaccine shipment comes after China agreed to allow Germans in the country to get the shot following a deal during Chancellor Olaf Scholz's visit in Beijing last month

US regulators say FTX executives Caroline Ellison and Gary Wang will plead guilty to defrauding investors, while FTX founder Bankman-Fried is due to face a US court shortly

Baihetan – the world's second largest dam and hydropower generator after Three Gorges – began producing 'clean energy' on Tuesday

The US move to blacklist dozens of Chinese (and Russian) companies last week has had a significant impact on some of the firms named

Companies are likely to face stronger rules and scrutiny in 2023 in regard to environmental policies, to ensure they have 'climate-friendly' supply chains and investment policies

India looks set to be the economic standout in the year ahead, with the central bank forecasting 6% growth for the next fiscal year starting in March.

Smartphone giant is the latest tech firm to lay off workers, as sales and revenue have taken a hit in recent months as China battled Covid outbreaks