The International Energy Agency expects world oil consumption to hit its peak in 2030 at 103 million barrels per day – a decade faster than initially predicted

Rating agency's downgrade of China outlook puts pressure on Beijing to impose more forceful measures to prop up stocks and stabilize the yuan

CEO Huang said the group's plan "is to continue to work with the government to come up with a new set of products that comply with the new regulations that have certain limits".

Israel is investigating short-selling of shares in an ETF that tracks the country's stock exchange just before Hamas' attack on October 7, which researchers say could have reaped $100m

Ratings agency cuts China's credit outlook, saying Beijing will have to support debt-laden local governments and state firms, posing risks to the country's fiscal and institutional strength

The move gathered momentum on Tuesday when a draft text emerged and research revealed that global CO2 emissions from burning fossil fuels are set to hit a record high this year

Chinese President Xi Jinping will meet with European Council President Charles Michel and European Commission President Ursula von der Leyen

The number of Chinese blacklisted for defaulting on debts has hit a record high, which means millions can be blocked from using mobile apps for payments

Car giant aims to have six new EV models in Europe by 2026, and also has a unit looking at hydrogen trucks and cars

Hong Kong court gives embattled developer a further 8 weeks to finalise a revamped debt restructuring proposal; judge says plan needs support from all classes of creditors

COP28 president Sultan Al Jaber also seen opposing the UN chief's call for a halt in the use of fossil fuels

A former People's Bank of China official predicted on Sunday that policymakers would implement a proactive fiscal policy in 2024, while regulators work to reform smaller banks