China's central bank also says it will boost the confidence of financial institutions to lend as the Covid-stricken economy limps back to normalcy

Divergent comments by China's top two leaders seem to have "exposed what government officials and policy advisers describe as simmering tensions among top Communist Party officials"

Hang Seng Indexes said the metaverse "has captured the attention of people around the world" and such companies are rapidly growing in popularity

The legendary financier, speaking at the World Economic Forum, said the Chinese leader had made a series of mistakes which could cost him significant influence

Shionogi & Co said it will make an upfront payment to F2G of $100 million and share development costs in global studies of invasive aspergillosis

Hong Kong's workspace market is expected to grow 14.4% this year with new regional players Compass Office and Garage Society driving the supply

New estimates show 10.5 million dementia cases are expected in the region by 2050, a 238% rise from the 3.1 million cases recorded in 2019

A new report by Oxfam, the UK charity, says the wealth inequality gap increased as a new billionaire was created every 30 hours in the first two years of the Covid pandemic, while the poverty level grew for millions.

Officials in Beijing on Monday reported 99 new cases in the Chinese capital on May 22, the highest tally to date in its month-long outbreak, while Shanghai prepares to reopen next week

China’s production hub restarted parts of its subway system and several bus routes on Sunday but its authorities remain on high Covid alert

Workers in Shanghai were disinfecting subway stations and trains before reopening four metro lines and 200 bus routes on Sunday

Beijing has urged stock and futures exchanges to 'make solid efforts to help companies wade through the pandemic'