Markets have plunged as nations shut doors on travellers from southern Africa. The WTO has had to put off its summit next week amid alarm over the 'more infectious' Omicron variant.

Industrial profits in October rose 24.6% from a year earlier to 818 billion yuan ($128 billion), official data showed on Saturday

Hui Ka Yan sold 1.2bn shares in his company on Thursday for $344m, cutting his stake to 67.9% from 77%. Once China's richest man, he could be broke by mid-2022 if the crisis doesn't ease soon

The WHO called an emergency meeting to discuss the variant first found in South Africa. It has a protein very different to the initial Covid-19 and could be vaccine resistant

China will assess methane emissions in sectors such as coal mining, agriculture and petroleum, and publish an emissions control action plan, officials said on Thursday

Debt-laden developer Kaisa plans an 18-month extension for its $400m dollar bond maturing on Dec 7, business intelligence group Redd said. Chengdu city moves to help developers' liquidity.

Warburg, which was a big investor in Ant's 2018 private fundraising, reportedly lowered the company's valuation to $191 billion at end-September from the $224 billion at end-June

A consortium of about 70 Japanese firms, including the country's three mega-banks, aims to launch a yen-based digital currency in fiscal 2022 after trials in coming months

Cyberspace regulators said on Tuesday they will tighten oversight on celebrity reports online, and the placement of their ads on internet sites, 'to avoid promoting bad values'

The Monetary Authority of Singapore said the increase – the fastest since 2018 – was due to higher services costs for electricity and gas, plus food inflation

Offshore bondholders of the embattled Kaisa Group who did not receive coupon payments this month have tapped investment bank Moelis & Co to advise them how to proceed

US President Joe Biden on Monday nominated Federal Reserve chair Jerome Powell for a second four-year term. That needs to be confirmed by the Senate, but both parties have voiced support.