Fitch Bohua said NEVs were indispensable if China is to achieve peak carbon emissions before 2030 and “carbon neutrality” before 2060

The company, formerly known as Daimler, said Japanese battery maker Envision AESC would supply battery modules for US-made EVs by the middle of the decade

Both Brent and West Texas Intermediate (WTI) crude futures benchmarks settled below $100 per barrel for the first time since late February

The Australian biotechnology company and its peers have been fighting a ruling that banned Mexican citizens from entering the US to donate plasma.

Tens of millions of citizens are locked down in cities in the north and south of China, raising concern over the cost of the 'zero Covid' policy, which many say is expensive and disruptive

China stocks slumped to 21-month lows, while mainland firms listed in Hong Kong sank to levels not seen since 2008.

A total of 3,507 domestically transmitted cases with confirmed symptoms were reported on Monday across more than a dozen provinces and municipalities

Taiwanese tech giant Foxconn said its Shenzhen operations would be suspended till further notice, while automakers Toyota and Volkswagen have also suspended some operations in Changchun

The rapid spread of Covid is heightening investors' worries over slowing growth. The blue-chip CSI300 index fell 3.1%, and Shanghai Composite dropped 2.6%, its biggest daily fall since July 2020

People are investing in the safe-haven asset amid rising inflation and market volatility due to factors such as Russia's invasion of Ukraine and fears over the Omicron Covid-19 variant

Hong Kong registered the most deaths per million people globally in the week to March 9, according to Our World in Data, with most being unvaccinated senior citizens

Shanghai is at risk of being shut down and the city of Qingdao reported over 300 local infections, more than any other among the dozens of cities that reported local cases for Thursday