China, however, has the second-highest number of unicorns overall at 177, which is more than twice of India's total of 72.

Developer wins a 3-month extension on maturity of a $260m bond, but it has scrapped a deal to sell a 50.1% stake in its property services unit to Hopson, so chances of it avoiding default look unlikely.

Taiwan tech giant's chairman says Foxconn will start making in Europe first, then India and Latin America, including 'indirectly' cooperating with German automakers

Chill in China's property market intensifies in the wake of tightening credit due to ongoing deleveraging and the crackdown on speculative investment.

State-owned paper says companies cannot be relied on to carry out 'self-rectification', and government bodies should take action, such as taking apps that don't follow rules offline

The date marks the next big target for Xiaomi's fledgling electric vehicle (EV) unit, which the smartphone major formally announced earlier this year

How the auto industry will manage its electric transition will be among the hot topics at the two-week COP26 climate summit hosted by Britain, starting on October 31

The bond market has responded positively to comments from China's central bank saying the spillover effects from Evergrande's debt woes on the banking system were controllable

China's Commerce minister Wang Wentao says Beijing will use fiscal funds and policy-based financial tools to increase support for SMEs

Sinopec and CNOOC face a supply gap for winter and surging gas prices. After recent market volatility, some buyers were said to regret they had not signed enough long-term supplies.

Fair Trade body said Google hampered competition by making device producers abide by a contract on app store licences, so they could not equip their handsets with modified versions of Android

• Q1 earnings news doesn’t show impact of China crackdown on Didi, other firms • Japanese group’s large deals approach...