Bearish bets on most Asian currencies rose to record highs, driven by a towering dollar and mounting pressure on the Chinese yuan, which has slipped to a 27-month low

Banks vow to follow government guidance, as they did on Russia, if Beijing invades Taiwan. But some said the US had to compete with big Chinese banks, which have grown in size in recent years

The rumoured move comes after loans secured by Evergrande Property Services were diverted to the parent group

The proposed legislation would impose penalties on countries that increase their imports of Russian oil, provoking tensions with India and China, The Economic Times said.

The rest of the world has remained committed to globalisation over the past year, but China has turned inward, European Chamber of Commerce president Joerg Wuttke said.

China EV makers Wuling, Xpeng, Nio and BYD have all put themselves in the perfect position to stake a claim in Europe’s lucrative market

Developing Asian nations like Indonesia and the Philippines are forecast to grow 4.3% in 2022, compared to 3.3% in China, with expectations slashed after recent Covid lockdowns

US video platform will now give creators 45% of ad revenue on its short-form video feature known as Shorts. That's alongside the 55% of ad revenue it offers creators of long-form videos.

The move by the Federal Communications Commission follows action in recent years against Huawei and a range of other Chinese telecom firms

The island's highly valuable chip factories were spared thanks to quakes occurring in areas away from chip foundries, plus modern design safety features, according to TrendForce

Europe is "20 years" behind China and will have to rely on them for raw materials for some time, Livista Energy chief Roland Getreide was quoted as saying

Loan recipients of China, such as Sri Lanka, Egypt and Ghana, find themselves strapped for cash after suffering severe impacts from the Covid pandemic and global inflation.