COP28 president Sultan Al Jaber also seen opposing the UN chief's call for a halt in the use of fossil fuels

Rich Chinese families and private companies have taken or sent an estimated $50 billion a month out of China this year, a recent report says

Jakarta and the Asian Development Bank have agreed to a deal that will see a 660-MW coal plant in West Java shut seven years earlier than scheduled

The pledge by over half the world's countries to triple renewable energy was perhaps the most positive news at COP28 on Saturday

Honda Motor said on Saturday it was dismissing about 900 workers at its JV with Guangzhou Auto in China, while Toyota has halted some operations in Tianjin amid weak sales

The US will give $3 billion to the Green Climate Fund, sources said Saturday. The fund helps poor countries lower emissions and transition to clean energy

Dismissing claims of a 'dangerous breakthrough' at OpenAI, Microsoft President Brad Smith said a breakthrough in super-intelligent AI was not likely this year

Prices of the key EV battery metal have already tumbled close to 80% this year with supply outpacing the rise in demand

Group's vice-president and chief financial officer are suspected to have been detained by authorities, who are now probing the shadow bank's dramatic implosion

Officials from China and Vietnam are discussing a possible upgrade of their rail links, including an historic line through part of northern Vietnam with large rare earth deposits

A bill requiring US companies to notify federal agencies of investment in Chinese technologies is opposed by a key lawmaker who believes Washington needs to invest more in its rival

China International Capital Corp tells its analysts not to publish negative views on China's economy or its financial markets, asks staff not wear luxury brands or disclose their pay