Local governments in China have been under heavy economic stress, after Beijing’s move to rein in real estate debt. Some suspect LGFVs could collapse given their huge debts ($8 trillion in 2020)

China’s cabinet has moved to quicken the pace of 102 major projects outlined in its 2021-25 plan as leaders admit that stabilising the economy in the first half of 2022 will be an uphill battle

US electric vehicle maker achieved the highest monthly rate since it started manufacturing in Shanghai in 2019

Vodafone Idea board backs conversion of all interest related to spectrum auction instalments and dues owed to government into equity

South Korean battery maker's $10.7bn IPO has received bids worth around $80 billion from institutional investors, sources have said

Volkswagen said it would likely double sales of its battery electric vehicles in China this year and aims to do even better but it could be hamstrung by a shortage of semiconductors.

Telecom regulator said Apple submitted plans to allow third-party payment systems on its app store, to comply with a new law banning operators from forcing developers to use their systems

Cathay Pacific is being investigated and faces possible legal action over an Omicron coronavirus outbreak in Hong Kong that began with the airline's employees, the city's leader said on Tuesday.

Cash-strapped property firm China Evergrande Group has left what has been its headquarters in the city of Shenzhen and relocated to nearby Guangzhou, Chinese media say

Singapore continued its good start to the year while Hong Kong extended recent gains and there were advances in Shanghai, Taipei, Manila, Mumbai, Bangkok and Jakarta. Tokyo was closed.

Emerging economies should be ready for potential turbulence, the IMF said, as faster-than-expected US rate hikes could trigger capital outflows and currency depreciation

Officials in the northern city have tightened exit controls and requires residents to get approval from employers or local authorities before leaving town in a bid to block the spread of the Covid variant.