Richard Liu, the billionaire who founded China's JD.com e-commerce platform, has settled a civil lawsuit from brought by former University of Michigan student who claimed he raped her.

Chinese regulators contacted major US banks recently and told them to avoid publishing politically sensitive research ahead of the Communist Party's national congress, then denied doing this

US Treasury has imposed sanctions on an Indian petrochemical firm and groups in the UAE and Hong Kong for secret deals that funded the shipping of Iranian oil products to South and East Asia

Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission, and He Lifeng, chief of the National Development and Reform Commission, are the favourites to be Xi Jinping's new right-hand man

Letters to Nvidia and AMD last month telling them to stop shipment of chips used for language processing and nuclear weapons research are likely precursors to new rules, official says

US President says world security depends on Pacific security, offers $810m in aid at Washington summit, as island leaders vow to strengthen partnership

Asian markets had a mixed day on Friday with most markets down, bar India. Overall, equity investors experienced their worst month since the onset of the Covid-19 pandemic

BYD's expansion will start in Germany and Sweden before extending to France and the UK later in the year, the Financial Times said.

China's factory activity rose in September but service sector growth slowed as the economy battled low demand and Covid curbs. The PMI data shows it is struggling to avoid contraction

Mergers and acquisitions involving firms in China have sunk by a third this year, in line with a global decline, but private equity groups are now eyeing possible deals in India and SE Asia

China's central bank published a statement on its website on Thursday allowing local governments to cut mortgage rates for first-time home buyers in some cities.

The Chinese certification ceremony means the C919 can now be delivered to its first customer, China Eastern Airlines