Steelmakers from South Korea, India, Japan and China were among the biggest laggards in the shift to renewables, with some still depending entirely on fossil fuels for production

But the world’s second-largest economy still needs to navigate major challenges to meet its overall climate goals — the biggest being a booming demand for power

Amazon unit is suspected of urging sellers to lower their prices on its e-commerce site in exchange for better placement of their products on its website

President-elect warns of imposing 10% tariff "above any additional tariffs" on imports from China, saying Beijing has not taken strong enough action to stop the flow of illicit drugs to the US via Mexico

Beijing is opening its doors wider to boost its economy; citizens from nine more countries will be able to travel to China for visa-free travel from next month

The president-elect has said he will nominate Wall Street CEO Howard Lutnick to lead his trade and tariff strategy. Lutnick is a big proponent of tariffs, especially aimed at China

China’s announcement last week on ending export tax rebate means exporters of affecting products — ranging from aluminium to used cooking oil — will look to pass on the resulting extra costs

A recent deal on a UN-backed carbon market promises to move billions of dollars for climate action, but it will first need to win over sceptics

Shares of Japanese gamemaker Kadokawa were up 23% on Tuesday on news Sony is in talks to buy the company behind the 'Elden Ring' and other popular games

Asia is "witnessing a period of important transition", creating uncertainty and "acute risk" from escalating trade tensions, a top IMF official said

The breakthrough will remain overshadowed by the return to power of Donald Trump, who believes climate change is a hoax and aims to pull the United States out of the Paris climate agreement

Experts say while it not yet known how the US president-elect will approach global carbon markets, his policy decisions could bring uncertainty in the near-term – but the future is full of hope