The developer had been struggling to secure bondholders consent for the notes due in May and July 2022 totalling $729 million.

Paytm E-commerce bought back a combined stake of 43.32% for 42 crore rupees ($5.4 million), valuing the company at just around 100 crore rupees ($10.2 million)

In 2021, more than 80 companies cancelled plans to list on Shanghai's tech-focused STAR market, double the number in 2020

China's market regulator said on Monday Tesla is recalling China-made Model 3 and Model Y vehicles due to overheating that may cause the centre touchscreen to malfunction

Deputy Mayor Zong Ming said Shanghai would be reopened in stages, with movement curbs largely to stay in place until May 21. But dozens of Covid cases still found in Beijing

Property sales in China saw their biggest monthly fall in 16 years in April as Covid lockdowns sapped demand despite moves by officials to ease borrowing limits and revive the sector

The US electric vehicle manufacturer is aiming for daily output of 1,200 cars this week, but hopes to raise production in Shanghai to about 2,600 cars a day next week

Retail sales plunged 11.1%, the steepest fall since March 2020, while industrial production dropped 2.9%. Capital Economics forecasts growth of just 2% this year.

The exercise seeks to simulate armed confrontations with neighbours in the East and South China Sea, analysts say

Immigration agents and lawyers said there has been a spike in inquiries in the past month, the report said

The reduction in mortgage loan interest rates aims to support demand and promote stable and healthy development of the real estate market

Shopping malls, department stores, and supermarkets will begin resuming in-store operations and allow customers to shop in "an orderly way", while hair salons and vegetable markets will reopen with limited capacity