Move comes as steelmakers around the world are under pressure to cut CO2 emissions to tackle climate change. Steelmaking generates up to 11% of global carbon emissions
The yuan has lost 2.5% against the dollar this month and is on course for its biggest monthly drop since April when Covid lockdowns were imposed in Shanghai and other cities
Dozens of local men are alleged to have died in mines run by a Chinese mining company, which is accused of digging under a neighbouring concession to steal a huge amount of gold
Russia and China are eyeing operations in the Arctic, with Moscow opening many new bases in the far north, according to NATO chief Jens Stoltenberg on a visit to Canada late last week
Kishida said Tokyo would work to ensure grain shipments to Africa amid a global shortage. He also warned of the threat to the world's rules-based order since the Russian invasion of Ukraine
China’s State Council has allocated 10 billion yuan ($1.45 billion) to help rice farmers suffering drought, while teams of drillers are helping farmers hit hard by the prolonged heatwave
Russian tourists have been using Chinese credit cards to withdraw cash from automatic teller machines in Finland since Covid border restrictions eased on July 1
The new foundry will be run as a subsidiary of SMIC in cooperation with the government of Tianjin's Xiqing district. It will have an initial capital of $5 billion, a notice said on Friday
China's largest freshwater lake has suffered a huge reduction in size because of the heatwave the Yangtze river basin has endured over the past two and a half months.
The Solomon Islands government did not respond to a US request for permission for a Coast Guard vessel, conducting a patrol to prevent illegal fishing, to re-provision on a scheduled port call
"Reducing inflation is likely to require a sustained period of below-trend growth," the US Fed chair said. The Dow Jones was down 3% and the Nasdaq 4% after his speech
Factory production and activities in major manufacturing hubs like Shenzhen and Tianjin were hit in the month by heatwaves and Covid curbs that were imposed