Over 100 millionaires signed an open letter to the World Economic Forum's online meeting, saying the tax system in many nations is unfair and "deliberately designed to make the rich richer"

China is drafting nationwide rules to make it easier for property developers to access funds from sales held in escrow accounts in its latest move to ease a severe cash crunch in the sector

Chinese developers have $117 billion worth of debt maturing in 2022, with $36 billion denominated in dollars. Some $58 billion is due in the first and second quarter.

Contemporary Amperex Technology launched a battery swap service for electric vehicles on Tuesday called EVOGO, which it said would allow drivers to change car batteries in one minute

Official says PBOC will roll out more moves to stabilise growth. A cut in the Loan Prime Rate is widely expected on Thursday (January 20)

Toyota believes it will not be able to achieve its annual 9-million vehicle production target as it doesn't have enough computer chips to reach that goal

Cloud servers are viewed as ripe for hackers to launch cyber attacks because they can conceal the origin of the attack and offer access to a vast array of client networks

Asia's share markets were down on Tuesday as two-year US Treasury yields topped 1% for the first time in almost two years, but positive news helped lift property stocks and bonds in China

China says people should wear masks and gloves when opening mail from abroad, as authorities claim an Omicron case found in Beijing could have arrived via a package from Canada

Plans to shift the government from Jakarta, a city of 10 million people that suffers from congestion, floods and pollution, have been floated by multiple presidents, but none made it this far

China's economy rebounded in 2021 with its best growth in a decade but momentum is slowing on weakening consumption and the property sector crisis

The app has been downloaded over 2.5m times this year but it can only be used in 10 cities currently, and people still like using Alipay and WeChat Pay for retail purchases