The sell-off was triggered by deepening investor worries over inflation and higher interest rates. Cryptocurrencies were dragged down, too.

If Sunac goes into default, it could ramp up panic about China's property crisis, executives at other firms said, as Sunac is a big group known for its mid- to high-end properties

China stocks closed higher as investors took comfort in lower Covid-19 cases, while US President Joe Biden's decision to consider eliminating Trump-era tariffs on Beijing lifted risk appetite.

Economic damage from China's current coronavirus outbreak could be more than 10 times the impact from the initial outbreak in Wuhan in 2020, the SCMP said, citing a local economist

Chinese investors are pumping funds into bonds, deposits and the money market, as Covid lockdowns slow the economy – and stock markets slump

The Premier urged officials at all levels of government to focus on measures to boost jobs and maintain stability, the report said

The ''hegemony-obsessed US'' may use SpaceX's Starlink internet service to bring ''chaos or calamity'' to the world, says a recent commentary published by China Military Online.

The figures, showing the biggest monthly drop in more than two years, coincide with the prolonged Covid lockdown in Shanghai and many other cities

A group of Apple employees has pushed back against a call by the $2.46-trillion company for them to return to the office three days a week, according to a report

The Hang Seng Tech Index was down by 3.3% at the close of trading in Hong Kong and has dropped by about 12% since April 28

China is likely to meet its 5.5% GDP growth target for this year, the People's Daily said on Tuesday, although foreign and independent analysts say this will be difficult to achieve

President Joko Widodo is keen to meet Tesla chief Elon Musk during an upcoming US visit, the minister said, as the Southeast Asian country seeks to rev up its nickel industry