World stocks retreated from record highs as China signalled it would respond to the EU's tariffs on its electric vehicle makers

India gives approval for a satellite internet service operated by a JV led by Mukesh Ambani's Jio Platforms and a Luxembourg firm, while Musk's Starlink has got a green light in Sri Lanka

Losses in Japan and Hong Kong were offset by markets rallying in Taiwan and South Korea — both of which were buoyed by overnight gains on Wall Street and positive tech news.

Billions of dollars worth of state subsidies and incentives have fuelled a steep plunge in prices of China's solar cells and modules, slashing the industry's profits

The government said there will be no change in personnel at the four senior ministries – finance, home affairs, defence and foreign affairs. It also held key ministries like commerce and agriculture

China sat out of the global risk rally after a group of Republican lawmakers said battery companies CATL and Gotion should be banned from shipping goods to the US

Shares across Asia were boosted by advances in the euro ahead of the European Central Bank policy meeting, but pared gains amid caution

The clean energy sector was the biggest driver of China’s economic growth in 2023, contributing 40% of its expansion

Focus in the region was on how Indian markets performed after stocks sank and the rupee slid a day before

Modi is still on track to return to power in India for a rare third-term, but will now be reliant on alliance partners to stake a claim to form and keep running the government

Asian markets were generally subdued on Tuesday – except for India, where news that the Modi government may fall short of a big election win caused shares to sink

The Modi government – widely expected to be returned to power this week – has plans to increase India's share of global manufacturing to 5% by 2030 and 10% by 2047