The climate law passed by the US aims to localize the manufacturing of EVs but "adds a steep requirement aimed at weeding out 'foreign entities of concern' from supply chains", it says.

China is planning for a meeting between President Xi and US leader Joe Biden in November, according to a Wall Street Journal report, which quoted a top White House official.

New bank lending in China fell by far more than expected in July and broad credit growth slowed – factors that analysts say do not bode well for the economy in the second half.

China Life Insurance, plus oil giants Petrochina and Sinopec, and Chalco, which have a combined market cap of more than $300bn, will voluntarily exit US markets this month

China will send experts to Nepal to conduct surveys of a cross-border railway this year, but Nepal still needs to appoint a rail minister and get its trains moving, local media say

About 200,000 tonnes of copper believed held at storage sites in Qinhuangdao port for Glencore and over a dozen Chinese companies is reportedly missing, the report says

China's biggest chipmaker reported a big jump in second-quarter revenue and $514m in profit on Friday, but warned that the sector faces "panic and uncertainty"

Samsung vice-chairman Jay Y Lee and another top businessman won pardons on Friday from President Yoon Suk-yeol, who wants them to help rev up the South Korean economy.

China Tourism Group Duty Free Corp aims to raise up to $2.16 billion in a listing due to launch on August 25. It will be the biggest listing in Hong Kong this year.

Developing countries should think twice before taking loans via China's Belt and Road scheme given global inflation, slowing growth and the crisis in Sri Lanka, Dhaka minister says

Companies in India use the UAE dirham, the HK dollar, yuan or euro when buying Russian coal, in a bid to avoid the dollar and US sanctions, according to customs data and industry sources

Less harsh lockdowns seem to be the preferred strategy in many areas - that reducing 'unnecessary' movement for a few days is the best way to halt an outbreak and not kill the economy