Analysts say officials may have vetoed the group's debt restructuring and that a risk management committee is likely to step in to deal with the company's unfinished projects and huge debts
The conclusion of Capvision’s ‘rectification’ process is the latest development in China’s sweeping crackdown on consultancy and due diligence firms this year
Officials in the Philippines are investigating the death of three Filipino fishermen killed after their boat was hit by a "foreign" vessel near Scarborough Shoal in the South China Sea
Several app developers have taken to social media to voice concerns over Apple's decision, fearing the tech giant may further tighten rules to fully comply with China's tightening regulations
Geopolitical tension, war in Ukraine, climate change, security concerns and surging inflation have eroded faith in globalisation and respect for global trade rules among world powers
Rejecting a US report from last week outlining an alleged global disinformation campaign funded by Beijing, the Chinese foreign ministry said the report itself was false information
China has been hit by retail sales slumping below pre-pandemic levels, stagnant house prices, greater household debt and lagging private sector investment, the World Bank says
Police scrutiny of Evergrande, and now its chief, has complicated debt restructuring efforts by the world’s most debt-laden property developer
The move by major companies to reduce production in China has boosted inflation, but the western shift to 'friendly shores' has been positive for countries like India and Vietnam
Former housing minister Mohamed Muizzu, who has vowed to develop warmer ties with Beijing, will take office as the new president of the Maldives next month
Bank of Japan Governor Kazoo Ueda says there is "still a way to go" before the BOJ ends its stimulus policy, but noted that the cost of the move was not a factor for the central bank
The Asian Development Bank said on Saturday it approved a $300 million loan to Changzhi in northern Shanxi province to help "catalyse a green" transformation of the coal-mining region