US regulators say FTX executives Caroline Ellison and Gary Wang will plead guilty to defrauding investors, while FTX founder Bankman-Fried is due to face a US court shortly
Baihetan – the world's second largest dam and hydropower generator after Three Gorges – began producing 'clean energy' on Tuesday
The US move to blacklist dozens of Chinese (and Russian) companies last week has had a significant impact on some of the firms named
Companies are likely to face stronger rules and scrutiny in 2023 in regard to environmental policies, to ensure they have 'climate-friendly' supply chains and investment policies
India looks set to be the economic standout in the year ahead, with the central bank forecasting 6% growth for the next fiscal year starting in March.
Smartphone giant is the latest tech firm to lay off workers, as sales and revenue have taken a hit in recent months as China battled Covid outbreaks
Buyers have been cancelling orders to buy Tesla electric vehicles because of Elon Musk's "toxic behaviour" since he took over Twitter, a new report says
Proposal included in big defence spending bill to be voted on this week, after more US states also ban use of China's contentious short-video app
The Japanese yen hit a four-month high, while the Nikkei share index fell 2.5% after the Bank of Japan shocked markets on Tuesday by lifting the cap on bond yield controls.
There is worry about the threat of a huge number of deaths, while the US voiced concern about virus mutations and the economic impacts, both at home and abroad
Stocks in China suffered their biggest fall in seven weeks, while Hong Kong, Tokyo, Sydney and most of Southeast Asia also declined. Indian markets, however, enjoyed a small rise.
The leader manufacturer of chips for automobiles has shut its plant in Beijing after workers caught Covid last week