Kwon faces allegations of defrauding customers, having lost $40 billion of investors' money after his firm Terraform collapsed earlier this year, TechCrunch said.

Zhejiang Huayou Cobalt is splashing $300 million on the new plant, aimed at bolstering China's battery materials supply for the electric vehicle (EV) market, report says

The decision came after Hong Kong banks raised their best lending rate by 12.5 basis points on Thursday

The finance ministry said on Friday it plans to cut value-added tax on fuel and the special consumption tax to keep inflation below 4% this year

"It's not that [investors] don't believe in China, just that they are reducing that exposure," Affinity Equity Partners founding chairman Tang Kok-Yew said.

The unit aims to capture and store 3 million tonnes annually of CO2 and utilise 2 million tonnes a year by 2025, Sinopec said

Pakistan could also forgo loan repayments to invest in climate-change resilient infrastructure instead, the UNDP said

Developers that have already missed debt repayments may not qualify for the programme, industry sources said to Caixin Global.

If an earthquakes strikes the cockroaches could be sent beneath the rubble to locate survivors, steered from above by a Bluetooth connection

"We're raising runs next month in preparation for a possible opening in exports," a state-run refiner official said.

Only 19 per cent of applications were approved, with Chinese citizens prohibited from participating in leading blockchains overseas

The freezing of Russian bank assets after the war in Ukraine was a key reason behind China cutting its holdings, Nikkei said