Asian stocks and oil prices sank Monday on fears about the surge of Omicron coronavirus cases after the future of US President Joe Biden's massive social spending bill was thrown into doubt

M&A activity topped $5 trillion for the first time ever, with volumes rising 63% to $5.63 trillion by December 16, according to Dealogic data, easily passing the $4.42 trillion set in 2007

SPACs will be allowed to list in Hong Kong from next year the stock exchange operator said on Friday. It hopes to attract listings from mainland China-based investors, market participants say

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