The war in Ukraine has aggravated a global food crisis that is causing economic shockwaves around the world and could last for years, expert tells UN Security Council

Officials in Beijing on Monday reported 99 new cases in the Chinese capital on May 22, the highest tally to date in its month-long outbreak, while Shanghai prepares to reopen next week

The US tech giant is said to be planning to increase output outside China at sites it has shortlisted in India and Vietnam after being hit hard by Covid lockdowns

Covid restrictions have forced Chinese producers of battery materials for EV makers to cut production by up to 40%, reducing demand for lithium

With carmakers investing in EVs, parts suppliers are also diversifying their business towards new and clean technologies and moving away from petrol-reliant supply chains

The audit was prompted by Musk's demand that Twitter prove that phoney and spam accounts constituted no more than 5% of the total

Industrial output plummeted by more than 61% in April, while retail sales sank by 48% and property sales were down by 88% when the city-wide lockdown was imposed

The consultancy urged state authorities to restrict Chinese government-owned companies from state purchase and contracts and restrict university partnerships

Tencent sank by more than 6%, Alibaba dropped 7.39%, while its e-commerce rival JD.com was down 3.7% and Meituan slipped by nearly 3.8%

A Falcon 9 rocket carried a further 53 Starlink internet satellites into orbit from the Kennedy Space Center in Florida on Wednesday morning, a report by Space said

A Wall Street slump brought the mood down across Asian trading floors with Hong Kong tech firms like Tencent and Alibaba hit hardest

April was the worst month for China's market since early 2020 as the country shut factories and imposed movement restrictions to combat new Covid-19 cases