Officials in Wuhan have appealed for 259 local companies and entities to pay debts of some $14 million – showing the financial crisis that many local governments in China face

Investors in China have been opting for safer assets as the country's post-Covid recovery struggles to gain momentum, amid weak sentiment at home and geopolitical tensions

The Treasury department is looking to scrap an audit contract with PwC this year after the accounting giant was found to have used confidential tax plans to reap further profits.

The Nasdaq Golden Dragon China Index of New York-listed mainland companies, consisting mainly of internet giants such as Alibaba Group, Baidu.com and JD.com, lost 5.6% this month

Bulk carrier has been accused of 'grave robbing' by British press, after allegedly scavenging from warships sunk during World War II

Taiwan smartphone chip maker MediaTek said it will be using Arm's new technology for its next-generation smartphones

New targets by the Japan Wind Power Association could create 350,000 jobs over the next three and a half decades and reduce fossil fuel costs by tens of billions of dollars

China will also launch three astronauts to its now fully operational space station on Tuesday, one of whom will be its first ever civilian to go to space

Asian markets were buoyant on Monday, lifted by news of a US deal to boost the government's debt ceiling, although stocks in Hong Kong dipped again

Reliance's JioCinema has agreed to a content deal with NBC Universal, escalating its rivalry with streaming giants Netflix and Disney

Former PM Stephen Harper has rated China's paramount leader as a greater long-term threat to democracies around the world than Russia's Vladimir Putin.

A surge in tourist arrivals from China has bolstered Thailand's economy. But investors are watching the outcome of the May 16 election as political risk could be a big concern in the second half