Default by another building company adds to worries about spiralling impacts from China Evergrande's enormous debt crisis, as officials from the state planner meet with developers.
Shares in China Evergrande Group's electric vehicle unit rose as much as 5.8%, but the parent company's stock plunged by similar level.
Tesla crosses $1-trillion stock market valuation for the first time in its history after the electric carmaker received its biggest order ever from Hertz.
Asia’s markets were also spooked by inflation fears and Fed tapering worries but Evergrande’s last-ditch bond interest payment has lifted spirits
The mood in Hong Kong was boosted by news that the ailing real estate giant had made an important offshore interest payment – just before Saturday's deadline
Chinese government’s efforts to curb domestic power consumption restrict supply, threatening industrial production and closure of auto plants.
Regulators vow to roll out counter-cyclical adjustments if wide fluctuations continue
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
US tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
Despite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.