Local government bodies accumulated an estimated $18 trillion of debt last year, according to CNN, which said the problem is so bad some cities have cut basic services and are at risk of default

Thousands of Indian IT workers in the US who lost their jobs in mass layoffs by tech giants in recent months are hunting new jobs in a desperate bid to say in the country

Local court finds Suncity casino executive guilty of running a vast criminal syndicate, enabling illegal gambling, fraud and a notorious 'under-the-table' gambling scam

Beijing has been taking 'golden shares' in private online media and content companies for years, as part of a campaign to strengthen control over online content

Regulators have asked banks to provide more convenient settlement services, to extend overseas yuan lending and 'encourage innovation in cross-border yuan settlement'

Chinese billionaire and company founder Jack Ma will see his voting rights slashed from more than 50% to just 6.2% under the move

India looks set to be the economic standout in the year ahead, with the central bank forecasting 6% growth for the next fiscal year starting in March.

The system has already been used by Russia following the imposition of sanctions on Moscow over the Ukraine war

The News Media Bargaining Code, which took effect in March 2021, has been successful balancing bargaining power between news media and digital platforms, the government says

Alibaba founder Jack Ma has been living in Tokyo with his family, personal chef and security, avoiding China's Covid restrictions and developing an interest in art and painting watercolours, a new report says

Evergrande expects to firm up debt restructuring proposals by end-February or early-March, lawyers for the developer told a Hong Kong court on Monday

President says the strike is holding the national supply chain "hostage" during an economic crisis, which is "unacceptable". Logistics disruptions have hit several sectors already.