WM Motor's IPO document does not reveal the size of the deal but a listing would move WM founder Freeman Shen closer to his dream of mass-producing affordable EVs

Markets slid lower in China and India on Wednesday, while stocks in Japan were boosted by a jump in the auto sector, and there were gains in Australia helped by GDP data that topped forecasts

If the bid by Elon Musk to buy Twitter goes through, the Tesla chief executive will have potentially a stake of between 6% and 8% in the short video app

The bank said the funds would be directed at infrastructure development, which it described as "crucial for the country’s sustained economic growth"

The government announced it would raise fuel prices after an agreement with the IMF that included an end to fuel subsidies, allowing the resumption of aid

The Alibaba stock surge came despite the group declining to provide a forecast for the current fiscal year because Covid-19 risks clouded its outlook

A group of investors is suing the CEO of Tesla for forcing down the Twitter stock price, amid claims his ability to finance the $44-billion acquisition of Twitter is in "major peril" due to a fall in the Tesla stock price.

The new blood could mark a turning point as Satoshi Tsunakawa, a former Toshiba CEO who has opposed reforms at the 146-year-old company, will step down

United Overseas Bank was sole global coordinator, and acted with Maybank as mandated lead arrangers and sustainability advisers

Hang Seng Indexes said the metaverse "has captured the attention of people around the world" and such companies are rapidly growing in popularity

The latest drop came as an analyst lowered his price target for Tesla stocks to $800 from $1,150 over Covid-19 lockdowns in Shanghai and supply chain issues

The index has been constructed to make reference to the EU Paris Aligned Benchmark (PAB) Standard as it applies to Asia stock markets