Writing to the finance ministry, deputy IT Minister Rajeev Chandrasekhar said India's high production costs were pushing smartphone companies to shift production to Vietnam, Mexico and Thailand

Police said bogus companies transferred money to Chinese banks, claiming it was payment for imported products that had never taken place

One of the primary motivators for India to reduce the EV import tax had been Tesla’s interest in building a factory in India

Hindenburg says it looks for "man-made disasters," such as accounting irregularities, mismanagement and undisclosed related-party transactions

The government's five-year tax plan, once unthinkable in pacifist Japan, would make the country the world's third-biggest military spender after the United States and China

The anti-dumping duty rates are set at 39% to 45.7% for Japanese firms including JFE Steel Corp and Nippon Steel Corp, 37.3% for Korean companies and 46.3% for EU firms

India has cut a windfall tax levied on oil companies and kept petrol out of an export levy less than a month after it introduced the two regulations.

The prolonged crisis in the property sector and China's stringent Covid curbs are adding to the pressure that local governments face

Policymakers are likely to defer painful reforms to ensure nothing goes wrong before a 5-yearly meeting of the Communist Party in autumn, when Xi Jinping will likely secure a third term

China's finance minister Liu Kun says tax fee cuts will be larger than last year's 1.1 trillion yuan ($173.56 billion) in reductions