Aggressive discounts have raised turnover for firms like e-commerce giant Pinduoduo, but economists fear they entrench a Japanese-style deflationary mindset in consumers

Move to buy and convert unsold homes into affordable housing is unlikely to help many debt-laden developers, analysts say

BYD is building it first plant in Hungary, while Leapmotor will use a Stellantis factory in Poland, as Chery eyes production in Spain and possibly Italy; Great Wall, SAIC and Dongfeng are also assessing opportunities

Small Chinese banks funding deals with Russia will be discussed at the summit in Italy amid concern China is bolstering "the Russian war machine."

Antonio Guterres says a tax on fossil fuel firms – in the oil, gas and coal sectors – would help pay for the fight against global warming

Myanmar, Cambodia and Laos are key sites of scam operations, but most ASEAN nations facilitate the trafficking of thousands of people forced to work in horrific enclaves, then help launder the proceeds, report says

TSMC's new chairman has hailed hailed OpenAI CEO Sam Altman's $7-trillion plan to create new fabrication plants for artificial intelligence as "too aggressive for me to believe"

Political factors may be involved in the crackdown, which comes as over a billion packages, averaging around $50 in value, are forecast to arrive in the US this year

'Carbon footprint management system' comes amid trade tensions with the EU and countries that may impose carbon border taxes. It will focus first on exports like steel, EVs and batteries

Crackdown stems from junta's fear of financial collapse, after a plunge of the Myanmar currency and news its citizens were the second largest group of foreign buyers of Thai condos in the first quarter of this year

Five large corporates have severed ties with global accounting giant after claims it turned a blind eye to misconduct at China Evergrande - which it strongly denies

Asian markets were generally subdued on Tuesday – except for India, where news that the Modi government may fall short of a big election win caused shares to sink