'China is not a party directly involved in the crisis and it doesn't want to be affected by sanctions even more,' its foreign minister said
The move is part of SoftBank‘s strategy to exit from the boards of most of listed portfolio companies, as it expects it will have fewer regulatory issues to deal with
Toyota said on Tuesday it would make additional production cuts in March due to a shortage of computer chips, days after reducing its domestic production target for the April-June quarter
China stocks slumped to 21-month lows, while mainland firms listed in Hong Kong sank to levels not seen since 2008.
The PBOC uncovered violations during an inspection of WeChat Pay in late 2021. The payments network allegedly permitted the transfer and laundering of funds from illicit transactions, it said
China's industry regulator has given China Evergrande New Energy Vehicle Group approval to start sales of its inaugural electric car, the Hengchi 5 sport utility vehicle
Shares of Indian digital payments firm tumbled more than 13% on Monday, after the central bank barred the company's payments bank from taking on new customers and ordered an IT audit
Vision Fund sold 50 million Coupang shares for $20.87 each, according to a filing to the US Securities and Exchange Commission dated Friday, leaving it still with 461 million shares
India is considering taking up a Russian offer to buy its crude oil and fertiliser commodities at discounted prices with payment via a rupee-rouble transaction, officials have said
The rapid spread of Covid is heightening investors' worries over slowing growth. The blue-chip CSI300 index fell 3.1%, and Shanghai Composite dropped 2.6%, its biggest daily fall since July 2020
As countries pledge billions for domestic chip production and companies scramble to build new plants, the need for people to design, manufacture and test chips has intensified
Platform companies Naver and Kakao surged 8.54% and 8.58%, respectively, their sharpest gains in nearly two years, on hopes that Yoon will help remove regulatory hurdles for operators