Federal Reserve chairman's remarks – that the US Fed could reduce the pace of its rate hikes this month – sends Wall Street equities soaring and lifts Asian markets in early trading

Officials in some cities are lifting lockdowns and allowing businesses to reopen, despite daily case tolls near high levels. Authorities are also allowing people in some areas to quarantine at home.

The ruling People Power Party told the union representing the 25,000 striking drivers that they must return to work before lawmakers consider a bill on demands, the union said

Jiang Zemin, who was president from 1993 to 2003, helped mend fences after Tiananmen Square, breaking the country out of diplomatic isolation and overseeing an unprecedented economic boom

The company plans to begin selling fully electric versions of its Tang sport utility vehicle (SUV) alongside its Han sedan through eight dealers across Mexico

Analysts blamed Covid curbs for the latest data for November, saying Covid restrictions have been imposed in areas responsible for 25% of GDP, and with rising cases the economy may struggle until well into 2023

Production shortfalls and labour unrest at the giant iPhone factory, run by Foxconn in Zhengzhou, are increasing risks and likely to intensify Apple's retreat from China, analysts say

The exchange, which is backed by Japanese social media firm Line Corp, said it has suspended new sign-ups and credit card payments and will cease operations in a few months.

Moscow has sent India a list of more than 500 products it needs to keep key industries running, but while Delhi wants to cut its huge trade deficit, some companies fear being hit with sanctions.

Yuan-rouble trading totalled 185 billion yuan in October, more than 80 times the level seen in February before Moscow invaded Ukraine

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

Kishida said on Monday the government would not add wage growth as a new policy goal for the Bank of Japan, but would devise ways to prop up wages with the central bank.