Traders and analysts expect lending rates will be lowered this week for China's commercial banks to aid an economy hit by Covid lockdowns

Buyers around the world are lining up to purchase electric vehicles this year even as prices rise. Global EV sales in the first quarter jumped nearly 120%, faster than people thought

Some local developers are heeding Beijing's call and moving to asset-light businesses such as property services and commercial real estate to cut reliance on a high-debt, high-turnover model

The greenback hits a 20-year high on the yen and tests a two-year peak on the euro, backed by high Treasury yields and expectation of good economic data; Investors are betting the yen will fall further

Stocks fell on most Asian markets on Monday amid continued concerns over rate hikes and China's slowing economy.

China Merchants Bank shares plunged the most in seven years after a report that said a bank executive was helping officials with an inquiry.

China's production of batteries for new energy vehicles (NEVs) ramped up by an impressive 206.9% in the first quarter from the same period in 2021, Xinhua has reported

Vice-Premier wants local government to help key companies get back to work after weeks of lockdowns in Shanghai and other cities.

Tesla has recalled workers to its factory to prepare for the restart, which could happen on Tuesday, as the city accelerated efforts to exit a Covid lockdown

China's central bank said on Friday it will cut the amount of cash banks must hold as reserves, releasing about 530 billion yuan (over $83bn) in liquidity to bolster economic growth

China's interest rate regulator is encouraging smaller banks to lower the ceiling on deposit rates by 10 basis points, to 65bps above the benchmark rate, not 75bps

Russia made a payment last week on two sovereign bonds in roubles rather than dollars, so it may be considered a default if not "cured" by May 4, rating agency says