Sources say the country will seek World Bank assistance to stave off a severe economic crisis, in addition to an IMF rescue plan to be discussed in Washington next month

The US and China may soon be locked in a recruitment battle for Taiwanese semiconductor talent as the world's most powerful nations bid to ramp up their computer chip capacity

Officials believe tough rules are needed to make platforms remove "unlawful" content quickly. The new rules mean they would have to take down 'urgent' unlawful content within 4 hours

Kioxia said on Wednesday it plans to jointly build a new flash memory fabrication facility at its plant in northern Japan with Western Digital Corp, for about 1 trillion yen ($8.3 billion)

Hyundai Heavy Industries said proceeds from the green-bond sale would be used to finance eco-friendly vessels and set up sustainable growth based on ESG management

Evergrande Group plans to return land set aside as collateral for a trust loan from CITIC Trust Co to Guangzhou government, so the city could sell it and help CITIC Trust pay out investors

Even if most oil sales are done in dollars, more and more countries are doing deals in other currencies, as shown by India’s purchase of Russian crude via a rouble/rupee transaction

Experts say the Saudi offer to allow China to pay for oil in yuan is not linked to sanctions on Russia, but rather Riyadh using China as a bargaining chip to put pressure on its Western allies

Signs of growing public frustration and anger have emerged across China as authorities enforce their 'zero-Covid' policy to try to counter the more infectious Omicron variant

A slowdown in Chinese growth and Covid-19 outbreaks have taken a toll on consumer spending. Revenue was 27.23bn yuan ($4.29bn) in the 4th quarter, below estimates of 30.10bn yuan

China will give nearly 1 trillion yuan ($157 billion) in tax rebates to domestic small firms to shore up economic stability, state media CCTV quoted a cabinet meeting as saying on Monday.

The Financial Stability Board is closely scrutinising the use of cryptoassets during the war in Ukraine after concerns they could be used to evade Western sanctions on Russia