Beijing is under pressure to finalise a licensing deal on production of Paxlovid before the Lunar New Year, when millions of Chinese will travel to rural areas to visit their families

TikTok confirms it has delayed hiring consultants to help the company reach a security agreement with the United States amid mounting political concerns

India has passed Japan for the first time to become the world's third largest auto market with sales of at least 4.25 million units in 2022

The battery-maker aims to produce LFP batteries that can be made at lower cost, but deliver less range than comparable nickel-cobalt electric vehicle batteries

The US automaker slashed prices for all versions of its Model 3 and Y vehicles, which, along with a reduction in October, amount to a 13% to 24% reduction in prices from September.

China claims it has quickly shared Covid data, despite criticism by the WHO and analysts, who say it has been hit by a 'tidal wave' that will rock the economy for months

Rival Chinese electric vehicle maker BYD and the budget-EV joint venture of General Motors in China both outsold the US carmaker

Japan's new policy comes after seeing Russian missile strikes target Ukraine's nuclear power plants and grids over the last year

The Afeela EV demonstrates how automakers are increasingly focussing on the in-car cockpit experience, which presents greater monetisation opportunities

UK bank does first treasury bond futures transaction in China, with the permission of regulators, who are working to attract investors after months of foreign outflows

A unit of Tokyo Gas is close to a deal to buy US natural gas producer Rockcliff Energy for about $4.6 billion, sources say

Concern about Beijing's Covid data has aggravated ties with governments that said visitors from China must undergo Covid tests before arriving in their country.