The Caixin/S&P Global services purchasing managers' index (PMI) rose to 52.9 in December, with a solid rise in new business lifting optimism in the sector to a three-month high

China and Hong Kong stocks ended 2023 as the worst performers among the world's major indexes, dragged down by geopolitical risks, a sluggish economic recovery and policy uncertainties

Vietnamese electric carmaker plans to make EV batteries in Thoothukudi city in Tamil Nadu, in the southern India, sources say

The Chinese EV-maker's bumper sales suggest car buyers are looking for cheaper models in a high-interest-rate economy

Tencent and Netease shares rose after China removed a senior regulatory official and a state media commentary called for officials to end their 'erratic' oversight of the platform sector

A schedule published on Maersk’s website showed that more than 100 of its vessels sailing in the coming weeks have been diverted

The funding was slated to be used for the research and development, manufacturing, and sales services of vehicles under the group

The top six home sellers last year were all state-owned or state-backed developers, according to a private real estate survey

The new requirements, issued in December, seek to reduce US reliance on China in its electric-vehicle supply chain

Factory activity slipped in South Korea, Taiwan, Malaysia and Vietnam in December, while data for China was mixed

The milestone comes just three months after the chatbot was opened to the public following months of trials and scrutiny from Beijing

The Chinese tech giant plans to focus on its device business over the coming year, while increasing the efficiency of its overall operations to counter geopolitical uncertainty