'No limits' partnership between China and Russia cemented in February has taken a new turn. After being excluded from global payment SWIFT, Russia has other plans.

According to an internal memo, the US carmaker plans to churn out 2,600 electric cars from the Shanghai plant per day from May 16

He is also charged with issuing financial bills in violation of regulations, illegally issuing "huge" amounts of loans and concealing overseas deposits

An Indian court granted relief on the seizure, provided that Xiaomi inform Indian authorities of fund transfers such as royalty payments, a source said

Nio, which was this week added to a US list of potential delisting candidates, announced on Friday it is seeking a secondary listing

The Chinese Communist Party's central political committee has allowed local civic authorities to tweak real estate policies based on domestic realities

The trend comes as the Politburo said China would "fight any comments and actions that distort, doubt or deny" the country's Covid-19 response policy

In multiple votes by the Senate, MaryKay Loss Carlson was confirmed as ambassador to the Philippines and Philip Goldberg approved as envoy to South Korea

The move is aimed at helping companies better manage their debts and protect investors' interests, the National Association of Financial Market Institutional Investors said

Russia has been excluded from the international SWIFT system, while Visa and Mastercard are among western companies that suspended operations in the country.

Covid-19 lockdowns had a severe impact on China's Golden Week, as travellers spent 43% less over the five-day break that ended on Wednesday, data showed

A member survey showed 92% of respondents saying they had been impacted by recent port closures, decreased road freight and rising sea freight costs