The number of foreclosed home deals in China jumped by well over a third to nearly 390,000 in 2023, while new home prices suffered their worst slump in nine years

Papers filed with a bankruptcy court in Delaware on Sunday show Terraform Labs filed for Chapter 11 bankruptcy protection and listed assets and liabilities allegedly in a range from $100-$500 million

China's state banks actively sold dollars in the foreign exchange market on Monday to stop the currency from suffering a rapid decline after markets in Shanghai and Hong Kong fell by over 2%

Artificial intelligence pioneer Sam Altman believes that top chip producers may not be able to keep up demand for AI semiconductors, one report said

Russia shipped a record 107 million metric tons of crude oil to China last year, equivalent to 2.14 million barrels per day (bpd), data from Chinese customs showed

Singapore police have issued arrest warrants for two ethnic Chinese linked to a massive money laundering case involving assets that now total over S$3 billion (US$2.24 billion)

China's regulator told some fund managers they need to launch at least four equity funds before they open any new bond fund, in hopes of propping up the stock market

Leading US economist Paul Krugman says China masked its inadequate consumer spending for years by promoting an "insanely large" real estate bubble, which is now being deflated

The Industrial and Commercial Bank of China agreed to pay $32.4 million in penalties for unauthorized disclosure of confidential information and failure to comply with US anti-money laundering rules in recent years

Companies that normally ship exports from Vietnam to Europe are opting for more expensive air freight because of attacks on vessels in the Red Sea, a freight platform said

The country's most indebted provinces and cities have been told to delay, downsize or stop work on state-funded transport projects, so municipal debt is contained

The popularity of BYD's EVs has encouraged its sole Thai distributor to dramatically expand its business. Rever Automotive said it will triple its dealerships in Thailand over the next years