The European Commission said it conducted an investigation, including sending a team to Tesla facilities in China, to verify what subsidies the firm had received

Shenzhen developer has been seeking to restructure its $12bn offshore debt since late 2021; bondholders will swap debt for notes and shares in the company, it said

Threat to glaciers revealed amid news of heat records in 15 nations this year, while the UN accuses fossil fuel firms of trying to slow the transition to clean energy

Government wants a 700-billion-yen valuation for the subway operator for an IPO that could occur in coming months

Funds have been dumping industrials and buying energy stocks, amid expectation the oil and gas sector will boom if Trump wins the US election, Goldman Sachs says

Korean artificial-intelligence chipmaker Rebellions has signed an agreement to merge with Sapeon Korea in a bid to challenge Nvidia and other chip giants

Economists say major intervention is needed if the country is to meet its 5% growth goal this year as speculation rises that Beijing will do more to boost consumption

Ex-PM's daughter has been sworn in as Thailand's new leader after a royal ceremony on Sunday, which allows her to form a cabinet in coming weeks

Current unilateral curbs were benefitting foreign rivals at the expense of US businesses, California Democrats said in a letter this week

Central bank chief says risks from local government debt crises have been reduced, but foreign analysts say the LGFV crisis is far from over and the country's outlook is still uncertain

Commercial aviation is struggling to reduce its climate impact and is currently not on track to meet its goal of net-zero emissions by 2050

Moves by the People's Bank of China have stalled a long, frenzied rally and caused prices to drop and a fall in turnover