IMF chief urges China to make brave choices: focus on market forces and reforms that lift consumption, cut export reliance, ease trade tensions, and let property 'zombies' fall

Warmer oceans are one reason Asia is experiencing more intense storms, but some of the latest cyclones were rare, as they formed close to the equator.

Southern Thailand and Malaysia are the latest regions hit hard by flooding; losses in Thailand are estimated at up to $150 million a day

Experts say the shortage triggered by surging demand is exactly what is needed to further drive up investment in the nascent market

China has switched its lending from aid and infrastructure to "sensitive industries" in advanced economies - high‑tech sectors like chips, AI and clean energy - and the US is now the biggest recipient, a new report says

Since much of Indian manufacturing is still dependant on coal-fired energy, its exporters will face a high new carbon tax of between 20%-35% in the EU

BYD has been building factories for local assembly in countries such as Hungary and Brazil and it plans a third plant for Europe, with Spain the top candidate.

Officials in three countries are investigating electric buses, after news that suppliers have remote access for software updates and control system diagnostics, amid fear they could be 'exploited' while vehicles are in transit.

Finance Minister Nirmala Sitharaman wants more 'big banks' and says efforts are underway to consolidate some of the country's 12 state-owned banks

Trump also lavished praise on Japan’s newly-elected PM Sanae Takaichi, the country’s first female leader who, in return, promised to nominate the US President for the Nobel Peace Prize

Talks on the trade pact were concluded in May after three years of negotiations. Now both sides are rushing efforts to clinch a deal amid tariff turmoil unleashed by US President Donald Trump

"Spectacular" growth of solar power helped renewable sources generate more energy than coal and fossil fuels in the first half of this year, a new report says