The massively indebted developer China Evergrande and its offshore financing arm Tianji were declared on Friday to be in "selective default" by S&P Global Ratings

Most extraordinary were claims the US made of the Academy of Military Medical Sciences and its research institutes, saying they use biotech for purposes such as 'purported brain-control weaponry'

Zhao Weiguo’s opposition to the deal with JAC and Wise Road is a potential hurdle for the sale and restructuring of Unigroup, a firm once poised to be a key Chinese semiconductor producer

Byju's, which offers online education and caters to all age groups, has benefited from a boom in online education as school classes were forced shut by the Covid-19 pandemic

Over 360 domestic claimants have sued Evergrande for $13bn they are allegedly owed, in a bid to secure payment ahead of offshore bondholders

Biden signed an executive order to sanction Chinese firms making painkillers such as fentanyl, plus steroids and synthetic drugs blamed for killing tens of thousands of Americans

India approved a $10-billion plan to attract semiconductor fab makers and display manufacturers as it strives to become an electronics hub.

Chinese banks could see their ratio of non-performing property loans more than double by the end of the year, S&P Global Ratings said

Officials are steering a risk management committee at the group but there are signs Evergrande's debt crisis is more complicated than expected

Buying onshore debt, which is usually more senior than offshore debt, would give holders stronger influence in restructuring talks and help offshore bondholders better grasp the group's situation

Guangdong province, a major tech hub on the southeast coast, plans to move some big data centres to new sites under the sea in a bid to cut energy use, according to a plan published on Tuesday

World's biggest carmaker said on Tuesday it would invest 4 trillion yen ($35 billion) to build 30 battery electric vehicles by 2030 as it looks to tap the growing market of zero emission vehicles