Chinese billionaire and company founder Jack Ma will see his voting rights slashed from more than 50% to just 6.2% under the move
Beijing is under pressure to finalise a licensing deal on production of Paxlovid before the Lunar New Year, when millions of Chinese will travel to rural areas to visit their families
TikTok confirms it has delayed hiring consultants to help the company reach a security agreement with the United States amid mounting political concerns
India has passed Japan for the first time to become the world's third largest auto market with sales of at least 4.25 million units in 2022
Lacklustre profit estimate by the world's top maker of memory chips, plus smartphones and TVs, is a warning signal for other big tech firms' results
The US automaker slashed prices for all versions of its Model 3 and Y vehicles, which, along with a reduction in October, amount to a 13% to 24% reduction in prices from September.
China claims it has quickly shared Covid data, despite criticism by the WHO and analysts, who say it has been hit by a 'tidal wave' that will rock the economy for months
UK bank does first treasury bond futures transaction in China, with the permission of regulators, who are working to attract investors after months of foreign outflows
Parts used on Taiwan's supersonic 'carrier killer' missile were sent by a Swiss company to China for repairs, local media say
A unit of Tokyo Gas is close to a deal to buy US natural gas producer Rockcliff Energy for about $4.6 billion, sources say
Concern about Beijing's Covid data has aggravated ties with governments that said visitors from China must undergo Covid tests before arriving in their country.
Federal Communications Commissioner Brendan Carr described TikTok was "a sophisticated surveillance tool" and said the US needs to follow India's move in banning the app