Volvo said production was down at the end of the first quarter due to a shortage of a specific semiconductor and warned that the supply problem would persist

Additional shipping delays, port congestions and logistics under-capacity are expected while transport hub Shanghai remains in lockdown, the Danish company said.

HSBC and Ping An executives plan to meet in mid-May to discuss the insurer's proposal for the bank to spin off its Asian business, according to a source.

The announcement follows news that Sri Lanka has extended a credit line with India by $200 million in order to procure emergency fuel stocks

Organisers regard China has a huge potential market for motorsports, given its rapidly emerging middle class and huge market for carmakers

The company's forecasts came as widespread supply chain disruptions and plunging consumer purchasing affected the world’s second-biggest economy

Shanghai residents are turning to NFT marketplaces like the world's largest, OpenSea, where users can mint content and buy or sell it using cryptocurrencies

The secretive deals put the spotlight on how importers keep off established routes to buy Russian oil at cheap rates

Major Taiwanese Apple supplier Foxconn said on Wednesday that it is continuing production in China's Zhengzhou, 800km northwest of Shanghai

Blinken will make his presentation at George Washington University in the US capital, at an event hosted by the Asia Society think tank, the Department of State said

Comparable sales in China declined 23%, reversing the rapid expansion there in recent years and overshadowing 12% growth in North America and 7% globally

Beijing's acquiescence - or possible fear of secondary sanctions - is a welcome development in the tense Washington-Beijing relationship, an official said