China's finance ministry said the VAT export rebates for battery products would be cut to 6% from 9% from April, then rolled back entirely from January 1, 2027.

German government sources said there are high expectations that a deal could be signed at the end of January after "very intensive" talks between Chancellor Friedrich Merz and Modi on Monday

Videos on social media show cars and buildings ablaze as riots rage in several cities; dozens have died and the regime looks vulnerable amid a dire economic crisis and strikes last year by Israel and the US

Trump says Venezuela posed a greater threat, than Taiwan does to China. Meanwhile, Beijing accuses the US of spreading the 'law of the jungle' as it exits global bodies

A three-month curb on Chinese exports of rare earths, like that seen during 2010, could cost Japanese businesses 660 billion yen ($4.21 billion)

As lenders grapple with rising consumer loan and credit card defaults, regulators extend a programme allowing banks to sell bad personal loans to debt recovery firms.

Head of world's top company explains next generation of chips, due later this year; says they will have five times the computing power and help chatbots to give snappier responses

Analysts expect Beijing to leverage Trump's move to detain Maduro, to defend its territorial claims on Taiwan, Tibet and in the East and South China Seas

US President Donald Trump, who is keen to end the war in Ukraine, warns he can raise tariffs further if India doesn't cut its purchases of oil from Russia; trade deal with Delhi yet to be finalised.

The MSCI index of emerging Asia equities rose about 2% to its highest since February 2021, while a gauge of ASEAN stocks hit its highest level since January 2020

Chinese President Xi Jinping says 'trend toward reunification is unstoppable' in New Year address; Taiwanese coast guard monitoring remaining warships.

US grants annual licences to TSMC and two Korean chipmakers to import chipmaking tools to their plants in China; Nvidia asks TSMC to ramp H200 chip output