A lender has seized China Evergrande's headquarters in Hong Kong after the hugely indebted developer defaulted on a loan and was unable to sell the 26-storey tower, the FT says.

Greenpeace ranked Toyota last out of the top 10 automakers in sales volume - for the second year running. Zero-emission vehicles made up less than 1% of its sales, report said

The misery continues in the southwestern city, where residents have endured a two-month-long heatwave, an earthquake on Monday, and now an extended Covid lockdown

The US military has stopped taking new F-35 jets from Lockheed Martin after it found a magnet in the fighter jet's engine was made with unauthorized material from China

The talks in Los Angeles will seek to agree on a framework for economies to engage on trade and data flows, environmental and labour standards, supply chains and anti-corruption efforts

Officials in Zhengzhou, a city in central Henan province, want to use special funds to begin work soon on stalled housing projects. Some builders being urged to declare themselves bankrupt

A group of seven companies including Shenyang Heping District State-owned Assets Management Company bought the bank stake in a court-ordered auction on Wednesday

Authorities in big cities such as Nanjing and Wuxi are advising residents to stay at home this weekend, to limit the spread of Covid as China's Congress Party summit edges closer

Exports rose 7.1% from a year earlier, as inflation weakened global demand, while imports were flat, hit by Covid restrictions and other problems that undermined output

China's Covid lockdown situation is deteriorating, according to Nomura, which said nearly 300 million people are now affected by restrictions imposed in 49 cities.

An Indonesian nickel miner signed a big investment deal on Tuesday with China's Shandong Xinhai Technology to build a processing plant on Sulawesi Island.

It was the fifth rate hike in five months by the RBA – moves described as the most aggressive actions by the central bank since 1994, which have decimated real estate sales