Rich Chinese families and private companies have taken or sent an estimated $50 billion a month out of China this year, a recent report says

Jakarta and the Asian Development Bank have agreed to a deal that will see a 660-MW coal plant in West Java shut seven years earlier than scheduled

The pledge by over half the world's countries to triple renewable energy was perhaps the most positive news at COP28 on Saturday

Honda Motor said on Saturday it was dismissing about 900 workers at its JV with Guangzhou Auto in China, while Toyota has halted some operations in Tianjin amid weak sales

The US will give $3 billion to the Green Climate Fund, sources said Saturday. The fund helps poor countries lower emissions and transition to clean energy

Group's vice-president and chief financial officer are suspected to have been detained by authorities, who are now probing the shadow bank's dramatic implosion

Officials from China and Vietnam are discussing a possible upgrade of their rail links, including an historic line through part of northern Vietnam with large rare earth deposits

China International Capital Corp tells its analysts not to publish negative views on China's economy or its financial markets, asks staff not wear luxury brands or disclose their pay

Organisers are keen to generate goodwill before talks on the future of fossil fuels; fund would help poor nations cope with the cost of climate damage from drought, floods and rising seas

The US Treasury is expected to block an EV tax subsidy for buyers of cars containing batteries, components or minerals made by state-owned Chinese companies

A flurry of approvals of new coal-fired plants in recent years spurs fear over China's climate pledges – and the huge task for the world to meet its global warming targets

Negative sentiment among factory managers appears to have become entrenched in the face of weak demand at home and abroad; the vast services sector also contracted for the first time in 12 months