Deutsche Bank is preparing to file a liquidation suit against Shimao in a Hong Kong court this month - a rare move by a foreign firm that stems from disappointment over the builder's debt rejig plan

The White House said the probe could lead to restrictions being imposed on Chinese EVs due to concerns about "connected" car technology

Hanoi looks to have denied SpaceX's request for an easing of rules on foreign ownership of telecom firms with network infrastructure

Some 74 hedge funds in Asia closed down in 2023, half of them in China, as interest shifted toward Japan, pan-Asia funds and other strategies

US scientists to work with Singapore's water agency to build a plant that can remove 10 tonnes of carbon dioxide a day. Their firm then plans global deployment of the new CO2 removal tech

BMW plans to build a battery factory for electric vehicles in Rayong, on Thailand's eastern seaboard this year, to take advantage of Thai government incentives for local battery makers

China's biggest developer, now in default, vows to fight petition filed by a creditor for non-payment of a $205m loan; stock plunge drags Hang Seng down amid fears case could hit sector's recovery

Nikkei heavyweights with a significant presence in China have seen mega rallies, especially in the chip sector

Emissions data fraud has been a big problem for China's carbon trading scheme, but State Council officials have drawn up new rules with far tougher penalties, which are set to be enforced in May

Flights between China and the US were badly disrupted by the Covid pandemic, but the US says Chinese airlines can boost weekly flights to 50 from March 31.

Demand for debt restructuring professionals has seen a significant uptick since the beginning of 2023 and the trend is expected to continue this year

"A-share IPOs will enter an era where quality is more important than quantity," one Chinese brokerage said on increasing regulatory scrutiny