Fossil fuel subsidies have risen $2 trillion to $7 trillion, according to the International Monetary Fund, as governments around the world try to protect consumers from rising energy prices

Binance's deal with US regulators includes an agreement to have court-appointed monitors from the Justice and Treasury departments for up to five years, report says

Zhongzhi sent a note of apology to investors on Wednesday, saying it had liabilities of up to $64 billion. This has led to fears of debts spreading from the property crisis to the financial sector

Malaysia and Vietnam have had cargoes worth about $320 million each denied or held for checks since the new rules came into force in mid-2020, nearly three times more than exports from China

OpenAI agrees to Altman returning to save the group from collapse; former Salesforce co-CEO Bret Taylor and former US Treasury Secretary Larry Summers will join the new board

Social media giants are not taking responsibility for rampant scams being conducted on their platforms, which is unacceptable, an expert on Chinese crime gangs in Myanmar and Southeast Asia says

Stellantis and CATL have a preliminary agreement on producing lithium iron phosphate (LFP) batteries for the automaker's EVs in Europe

Argentina's new president Javier Milei has claimed he 'won't deal with communists', but Beijing says severing ties would be a mistake and that it is willing to work with Buenos Aires to promote stability

India and China are expected to oppose the move to block private funding for coal-fired power plants. Both claim their citizens still need more energy from fossil fuel sources.

Exports from Xinjiang rose to $409bn in the first 10 months of 2023 and could go higher as trade has jumped to countries in Central Asia and Southeast Asia, despite western sanctions.

New report says waste from garment makers is having severe health impacts on workers at Cambodian brick kilns, where the clothing materials are used as fuel

Lawmakers in Japan area debating a move to allow listed businesses to report twice a year instead of having to file quarterly financial reports, Nikkei Asia says