BASF is getting out and VW may follow. China said in response it hopes businesses in Xinjiang "cherish" their opportunities and not believe "rumours" about forced labour

As investor anger and concern spreads through China's $2.9-trillion trust industry, the popular belief that the government would “step in to resolve any financial instability” is starting to fade

CEO He Xiaopeng said the carmaker would hire 4,000 new workers and invest $486m in AI, as China faces a year seen as the first of a “knockout round” for Chinese auto brands

Improving net interest margins are seen as giving authorities some space to use monetary stimulus to bolster the economy's flat growth

EU’s antitrust regulators have open an investigation into a Chinese state-backed rail maker over its planned participation in a $657 million tender for electric trains

While the tourism boom will offer some relief to Chinese policymakers, the sustainability of the boost remains uncertain as the country's faces deflationary risks and slowing demand

PricewaterhouseCoopers had been Evergrande’s auditor since 2009 — when the developer listed in Hong Kong — and resigned from that position in January last year

The Nikkei 225 was up 0.92% at the close in Tokyo on Friday, while the Hang Seng in Hong Kong jumped by 2.4%, and stocks in Australia and India were also boosted

Small exporters in India, many of whom work on small margins, have warned that job losses could soar if attacks in the Red Sea drag on for months this year

Leaders of Pacific Island nations allied with the US have become anxious about the US budget impasse that has delayed approval of vital new funding packages

VW has said it is reviewing “the future direction of business" in Xinjiang, where a test track was constructed for the German carmaker, allegedly using forced labour

The Nikkei benchmark rose to a 34-year high, while TSMC and other chip-related stocks helped most Asian markets higher on Thursday