Officials say penalty will mark end of year-long probe into group's operations, cybersecurity practices and handling of personal data. Didi would then be able to list in Hong Kong, report says.

The world's largest battery maker has reportedly been considering at least two potential sites where it can establish facilities to supply batteries to Tesla and Ford.

The drop was triggered by concerns over future outbreaks of Covid-19 and the risk they pose for new lockdowns, as well as rising costs, S&P Global Market Intelligence said.

Nancy Pelosi's visit will be the first by a Speaker of the US House of Representatives in 25 years

China's holdings of US government debt fell to $980.8 billion in May, the lowest since May 2010. Yields of US Treasuries slid about 15 basis points during the month.

Trimmed version of Congress bill is expected to include $52 billion in subsidies for the industry and tax credits for firms that make semiconductors in the US

Sri Lanka borrowed from China for infrastructure projects that were white elephants, says think tank Chatham House.

Despite a steady decline in Covid cases, with just 27 being reported on Sunday, authorities said Macau's over 600,000 residents must stay home until Friday

Domestic new energy vehicle companies such as BYD, Li Auto, Xpeng, Evergrande and Nio are expected to gain from the reduction in vehicle loan rates

Commercial hub Shanghai said it plans to hold mass testing in many of its 16 districts and in some smaller areas where new infections were reported recently

Beijing will undertake multiple measures to boost risk the strength of small and medium-sized banks, a newspaper report said, citing a CBIRC official

Regulators call on banks to fund housing projects and help real estate developers with their funding needs in a bid to calm worries over the growing boycott of mortgage repayments