Frugality is becoming endemic in China as financial insecurity forces the country's white collar workforce to spend less and save more

The deal is win for Xpeng, one of the smaller players in China's EV sector, that is less than a decade old

There has been a huge jump in the assets of emerging market mutual funds and exchange traded funds that exclude China, as US and European investors turn wary of exposure to the Asian giant

The battery giant is shadowed by increasing competition from rivals like BYD, a capacity glut with its production facilities and headwinds in its efforts to expand globally

Passed by an overwhelming majority in the senate, the bill will need the backing of the US House of Representatives and President Joe Biden before it can become law

Packing top wind speeds of 138mph, Doksuri will make landfall on the Chinese mainland in Fujian or Guangdong provinces on Friday

The world's largest contract chipmaker said last week it was unable to fulfil customer demand driven by the surge in AI services

Tokyo has hiked its planned military spending by 60% over the next five years as it reacts to increasing threats from Beijing

"Security concerns with respect to Chinese investments in India" led officials to decline the EV-maker's proposal, a report by the Economic Times said

Sanctions imposed recently by the EU and the US Treasury aim to cut the Myanmar military's capacity to access foreign cash and limit its ability to wage war on its citizens

Cambodian PM Hun Sen, who has held power for 38 years, is expected to hand power to his eldest son Hun Manet at some point in coming months

Move by one of China's biggest developers to refinance part of a 2019 loan sent its shares down over 5% and left its bonds near record lows, as it faces more repayments this year