Yellen says the World Bank and global development banks should be reformed to become more efficient before being given more funds to help poor nations counter climate change

Young Chinese face the "most difficult employment market in generations" and need to brace for tougher times as the situation could get worse before things improve, a top economist has warned

The Nikkei 225 in Japan was up by 0.56% on Wednesday, but the Hang Seng Index in Hong Kong slumped by nearly 2%; stocks also fell in Shanghai, Sydney, Bangkok and other markets

The PBOC is expected to make a modest cut in rates in the second half, but weak private sector confidence has undermined demand for loans

The ‘SiliconAuto’ joint venture will design and provide semiconductors for Stellantis’s Fiat and Peugeot brands as well as other automakers

Korean crypto promoter was arrested with a colleague in March but faces another month in custody, however where the pair will end up after that is uncertain

Alibaba announces a leadership reshuffle as it moves to split into six units, with Zhang to head its precious cloud unit and co-founder Eddie Wu to become the group's new CEO in September

With weakening growth and youth unemployment hitting a record high, Beijing's push for wealth equality and crackdown on corruption has China's financial sector worried

The island's foreign minister said his government would not block investment in Europe, but the continent needed to "consider a broader picture" and think on Taiwan's 'situation'

The move is China's latest effort to enable the internationalisation of the yuan and protect its economy from capital outflows and geopolitical risks

US officials have played down the prospect of a major breakthrough in China-US ties, but say Blinken's primary goal is to establish durable communication channels with Beijing

Xi has previously said China needs to seize opportunities to use AI to drive economic development, but has also cautioned about its risks