Markets

French food group Danone, under pressure from investment funds over its shareholder returns, on Wednesday said it is selling a potential US$2 billion stake in China Mengniu Dairy Company.

U.S. electric vehicle maker Tesla Inc said via Weibo on Wednesday that it supports standardisation of China auto industry.

India's retail inflation rose 4.29per cent in April from a year ago, government data released on Wednesday showed.

India's industrial output rose 25.8per cent in March from a year earlier, government data showed on Wednesday.

Former Nissan Motor executive Greg Kelly denied helping ousted boss Carlos Ghosn hide earnings, saying at his trial in Tokyo on Wednesday that his only goal had been to retain a chief executive who could have been lured away by a rival automaker.

China will monitor changes in overseas and domestic markets, and effectively cope with fast increase in commodity prices and its related impact, the state council said on Wednesday.

BLOCKCHAIN platform Digiassets Exchange (Singapore) (SDAX) and fintech company Minterest Holdings have agreed to merge to build a global digital asset exchange ecosystem amid growing demand for alternative investments.

Travel company Trip.com Group expects a surge in demand for outbound travel from China once COVID-19 restrictions ease, but in the meantime is focusing on "personalised" packages for domestic tourism, its CEO said on Wednesday.

NEW DELHI: India's cabinet on Wednesday approved a proposal to provide incentives to boost domestic production of batteries with advanced energy storage capacities, a government minister said. The 181-billion rupee (US$2.47 billion) plan would reduce India's import dependence and help sectors ...

SHANGHAI: The US Department of Defense will remove China's Xiaomi Corp from a government blacklist, a court filing showed, marking a noteworthy reversal by the Biden administration of one of Donald Trump's last jabs at Beijing before exiting office. The filing stated that the two parties would ...