China Evergrande NEV Group said in September it had started producing its Hengchi 5 model at a plant in Tianjin and in late October said it had delivered its first cars, but there appears to be little demand

US prosecutors asked a judge on Thursday to dismiss bank fraud and other charges against a senior Huawei official arrested and held in Canada for several years.

India plans to cut taxes, offer subsidies and other incentives to bolster ship building as part of a bid to reduce freight rates for manufacturers

Hong Kong residents can now receive the German-made bivalent shots to protect them against the original coronavirus plus the latest Omicron subvariants BA.4 and BA.5

HDFC raised $1.85 billion from the largest-ever bond issuance by an Indian bank on Thursday amid strong demand from long-term investors, and the State Bank plans a $1.2bn issuance on Friday

With Beijing stepping up support for the property sector, some offshore bondholders are looking for bargains amid hope China's cash-squeezed property sector will recover from its brutal slide

Zijin has spent $16 billion buying three lithium mines over the past year, but its president says the group aims to become one of the top three to five mining companies in the world by 2030

Federal Reserve chairman's remarks – that the US Fed could reduce the pace of its rate hikes this month – sends Wall Street equities soaring and lifts Asian markets in early trading

Officials in some cities are lifting lockdowns and allowing businesses to reopen, despite daily case tolls near high levels. Authorities are also allowing people in some areas to quarantine at home.

Alibaba founder Jack Ma has been living in Tokyo with his family, personal chef and security, avoiding China's Covid restrictions and developing an interest in art and painting watercolours, a new report says

The ruling People Power Party told the union representing the 25,000 striking drivers that they must return to work before lawmakers consider a bill on demands, the union said

Jiang Zemin, who was president from 1993 to 2003, helped mend fences after Tiananmen Square, breaking the country out of diplomatic isolation and overseeing an unprecedented economic boom