Group founder was transferred to a centre in Shenzhen a few months ago to allow him to easily communicate with Evergrande executives

The yen was at its highest so far this year versus the US dollar, while speculation on mortgage-rate cuts in China helped Hong Kong

The new law - one of several this week aimed at curbing China – now goes to the Senate. It seeks to restrict Chinese content in cars that qualify for EV tax credits

Worsening geopolitical ties between Beijing and the West, along with the spiralling economic conditions in China have been the biggest drivers of the drop in business sentiment

Carbon dioxide removal is estimated to become a $100 billion industry by 2030, provided it can be scaled up

The US is pressing the Korean government to ensure Samsung and SK Hynix restrict sales of their high-bandwidth memory chips to China

The State Department said in June Cambodian government officials were complicit in trafficking for criminal activities and that some owned facilities used by scam operators

Despite a hotter-than-hoped US inflation report, Japan shares leapt more than 3% while Hong Kong enjoyed a tech boost

Sales of EVs and plug-in hybrids were up 20% in August over last year – a fair rise given sales in Europe were the worst since early 2023

The pact laid out guidelines like all use of AI in the military would be "ethical and human-centric,” and that AI will never control “nuclear weapons employment”

A top US scientist says the world is "miles from where we should be" on curbing methane emissions. Far greater funds and activity is needed to reduce emissions, which he said were "accelerating".

In return, Russia was helping China develop military technologies such as submarines, aeronautics missiles, a top US official said