Shares in Japan closed at their highest level in nearly seven weeks, while world stocks also hit a five-week high and most Asian currencies also eked out gains after a decline in the dollar index

Korean tech groups SK Hynix and LG Display joined US tech giants in reporting big slowdowns in growth and warning things are going to get worse, fanning recession fears.

The onshore yuan finished the domestic session at 7.1825 per dollar, the strongest since October 12, while its offshore counterpart traded at 7.2151 at around 0830 GMT.

Problems were reported by 19,000 users in Singapore and 68,000 in the UK, as well as users in India and Hong Kong

But Germany's economy and foreign ministries were still advising against the deal, even with the amended terms.

The world is facing its "first truly global energy crisis" but IEA chief says that has sped up the transition to clean, renewable sources of power.

Australian Federal Police have arrested a former US military pilot and flight instructor who worked in China for many years, but now faces extradition to the US, court documents show

China's onshore yuan dropped to a near 15-year low on Tuesday after global investors dumped Chinese stocks and assets on Monday

The Chinese memory chipmaker YMTC has asked US employees to leave group in a bid to comply with the export restrictions imposed recently by the Biden Administration

US chip equipment makers could lose market share and revenue to competitors in countries like Japan and South Korea, if firms find a workaround for the latest curbs, one analyst said

"I think with China it's the same as with Russia. It is in their interest that we are divided," Estonian Prime Minister Kaja Kallas said

Seven Chinese have been charged with harassing a US resident and his family in a bid to make him back to China, as part of a campaign to force wanted fugitives to return