Markets took their cue from an overnight rally on Wall Street after a bigger-than-expected drop in US unemployment claims calmed investors' nerves

That was nearly as much as the climate change-related losses China suffered in the first six months of the year combined

A 5.3 tremor rocked Tokyo on Friday, a day after a 7.1 quake shook Kyushu and sparked a national emergency warning. Kyushu is home to chip plants run by Sony and TSMC, but damage was believed to be limited

Nobel laureate has been sworn-in as chief adviser of a caretaker government that has taken power, after weeks of turmoil and the abrupt departure of PM Sheikh Hasina on Monday

Weak demand for travel to China, plus rising costs and needing to avoid Russian airspace, has seen Western airlines slash services to the mainland

Sources say some of the compliance checks were related to four rural commercial banks under investigation for suspected bond market manipulation

Some 73 companies are now on the US blacklist. New additions include Rare Earth Magnesium Technology Group in Hong Kong and Century Sunshine Group, which make magnesium fertilizer and alloy products.

China is the world’s biggest emitter of greenhouse gases and has set ambitious targets to cut down its emissions, including hitting peak carbon levels by 2030

The Federation of Thai Industries has warned that cheap Chinese imports are killing local manufacturers, with hundreds of firms forced to close every month in the first half

Over half of all vehicles sold in China last month were either new pure electric vehicles (EVs) or plug-in hybrids, industry data has revealed

Russia and China are looking at bilateral barter deals, as a way to avoid use of international banking systems, which can be monitored, trade sources say

The move is significant given estimates that the carbon removal industry could earn up to $100 billion a year by 2030, but remains plagued by scepticism