The base pay of investment bankers at CICC has been cut 25%, sources say, amid the economic slowdown and sluggish IPO returns

Sources say the agreement with China's top internet firm on use of its data on China's public roads clears a final regulatory hurdle for Tesla's driver assistance system.

Heightened risk of US sanctions has caused China's big banks to go cold on financing Russia-related transactions, trade and banking sources said

Western military chief said Beijing's help was vital to Moscow's war in Ukraine, as it props up Russia's war economy by sharing high-end tech such as chips

Bytedance would rather shut the app if it runs out of options to fight a forced sale of TikTok's US operations, group sources say, claiming its algorithm is too valuable

President Xi was reported to have told the top US diplomat that China and the US should be “partners, not rivals” and avoid engaging in “vicious competition.”

After Biden's swift presidential endorsement, attention is now turning to whether TikTok can win a legal fight against the divestment order

Prosecutors say Zhao, who faces sentencing in a Seattle court next week, should serve 36 months in jail for serious money laundering offences. Meanwhile, a Binance exec is languishing in a jail in Nigeria amid a legal row over 'unpaid taxes' and other 'crimes'.

Secretary of State Antony Blinken is set to fly to Beijing to outline this threat in a bid to stop China's financial backing for Russia's military production

Asia was rocked by 79 disasters in 2023, making it the world's most disaster-prone region, with record temperatures spread far and wide

Chinese entities bought advanced Nvidia chips embedded in server products made by Super Micro, Dell and Taiwan's Gigabyte Technology after chip curbs were expanded late last year

Officials from some of the world's biggest cities are in Washington to lobby for better access to capital, to help them manage global warming and extreme weather