A US Treasury warning of secondary sanctions has sparked concern among banks in China, Turkey and the UAE, delaying payments for Russian oil

In Hong Kong, shares of biotech firm WuXi AppTec fell 12% on news that a US-based global trade association representing biotechnology companies sought to “separate” from it

The sinking of the Rubymar on Saturday poses a major environmental threat to the Red Sea as it was carrying 21,000 tons of fertilizer. The ship could also be a subsurface risk to other vessels going through the sea

Premium electric vehicle brand IM Motors has raised more than 8 billion yuan ($1.1 billion) in its Series B round of equity financing. The money will be used on 'smart car' models and technologies

Beijing said it would take measures to safeguard the rights of Chinese firms after the US put trade bans on 93 entities from Russia, China, Turkey, the UAE and others for backing Russia's war in Ukraine

Dahua Technology will manufacture surveillance hardware in Saudi Arabia after signing a deal with a Public Investment Fund entity

Google is partnering with the Environmental Defense Fund, a non-profit, with a plan to launch a satellite next month that uses Google's AI system to measure methane leaks

Small exporters in India, many of whom work on small margins, have warned that job losses could soar if attacks in the Red Sea drag on for months this year

European MPs plan to sanction three Chinese companies, plus businesses in India, Hong Kong and other countries in a bid to curb the supply of parts used in weapons and drones in Russia's war on Ukraine

France has named an energy veteran as its envoy to IMEC, a major rail and ports project seen as a Western alternative to China's Belt and Road Initiative, linking Europe to the Middle East and South Asia

OpenAI chief's talks with leading investors and chipmakers to create a greater supply of AI chips could cost trillions of dollars, a new report says

Tower is seeking state incentives for its plan to build a $8-billion chip plant that would make 65 nanometre and 40 nanometre chips, a new report says