Shipments of smartphones within China fell 31.8% year-on-year to 14.5 million handsets in February, the China Academy of Information and Communications (CAICT) reported on Monday.
Volkswagen China said on Monday it will form joint ventures with Huayou Cobalt and Tsingshan Group to secure nickel and cobalt supplies, to control battery costs as material prices soar
Shares of embattled property developer China Evergrande Group were suspended from trading on Monday, ahead of a major repayment due on Wednesday
China is allowing Apple supplier Foxconn's Shenzhen operations and construction sites in Shanghai to resume work on condition that employees live and work in a bubble to fight Covid-19
Moscow and Kyiv both stressed new found scope for compromise as talks were set to resume three weeks after a Russian assault that has failed to topple Ukraine's government
The Hang Seng jumped 9% to above the 20,000 mark with its Tech Index logging its biggest daily gain of 22%, recovering most of its recent losses
Tens of millions of citizens are locked down in cities in the north and south of China, raising concern over the cost of the 'zero Covid' policy, which many say is expensive and disruptive
'China is not a party directly involved in the crisis and it doesn't want to be affected by sanctions even more,' its foreign minister said
The move is part of SoftBank‘s strategy to exit from the boards of most of listed portfolio companies, as it expects it will have fewer regulatory issues to deal with
Toyota said on Tuesday it would make additional production cuts in March due to a shortage of computer chips, days after reducing its domestic production target for the April-June quarter
China stocks slumped to 21-month lows, while mainland firms listed in Hong Kong sank to levels not seen since 2008.
The PBOC uncovered violations during an inspection of WeChat Pay in late 2021. The payments network allegedly permitted the transfer and laundering of funds from illicit transactions, it said