The decision could hurt the Albanese government's chances of re-election next year – and kill Australia's chance of co-hosting a UN climate summit with island nations in 2026

The biggest chunk of the losses will likely be borne by workers in carbon-intensive sectors, which employ almost 32 million people across the world

The future of solar manufacturing in SE Asia depends on duties to be determined by US officials, but most Chinese solar suppliers have stopped shipping to the US due to the risk of retroactive tariffs

Katsunobu Kato named as finance minister, Takeshi Iwaya made foreign minister and Gen Nakatani returns to be defence minister

Top analyst says crime zones are seeing a huge inflow of stolen funds; calls for sanctions to be imposed on Karen warlord who hosts scam centres on the Thai-Myanmar border

Huawei has sent out samples of its new Ascend 910C to top Chinese server companies, but issues continue to persist with the chip's predecessor

Mainland China stocks enjoyed their biggest single-day gains since 2008, with property stocks soaring after mortgage cuts were announced by the PBOC; meanwhile, the Nikkei plunged on news of Japan's new PM

China's central bank says local banks should reduce rates on existing mortgages by no less than 30 basis points below the Loan Prime Rate.

Analysts say making household demand a driver of development, instead of investing in industry and infrastructure, is a long path paved with tough choices

A self-proclaimed lone wolf, Ishiba has long been popular with the public. He is a supporter of the idea of an Asian NATO.

Shanghai and Shenzhen are expected to abolish all purchase restrictions in coming weeks to revive demand. Beijing is also said to be reconsidering its home-buying curbs

Industrial profits fell by 17.8% in August from a year earlier following a 4.1% increase in July, data released on Friday showed