Hong Kong-based PAG offers $513mn to liquidators recovering assets from world’s most indebted property developer

Tehran has stepped up strikes on vessels in Strait of Hormuz in the past month, leading to a trail of pollution

Vasiliy Peganov, who now lives in Moscow, tells court transfers from Russia were ‘practically impossible’

Fears of continent being sidelined in Ukraine peace negotiations prompt disjointed outreach to Vladimir Putin

Forget Samarkand — the Uzbekistan capital’s mix of sci-fi design, socialist utopianism and Islamic influence makes it a dazzling architectural destination

Yatsen and Proya among brands with international ambitions in foreign-dominated global markets

Even some allies of the losing candidate reject complaints that Lula won unfairly

Mikie Sherrill calls Trump’s deal with Putin ‘corrupt and illegal’ as she weighs moves to stop shipment to east coast port

Collision that killed 69 prompts heated exchanges ahead of national elections in November

Durban court issues temporary ban on anti-immigrant demonstrations by March and March movement, which have often turned violent

Electric vehicle maker’s foreign expansion takes on rising importance amid roadblocks in domestic market

Zhang Shengmin appointed to Communist Party politburo as it moves to tighten discipline and crack down on corruption

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

Sanrio apologises for collaboration with wartime spy thriller that drew outrage over depiction of torture

Also in this newsletter: Are the EU’s short seller rules fit for purpose?

Facing a money laundering probe, the losing presidential candidate said he had never thought of leaving. The next day he was gone

Copenhagen’s waste-to-energy plant is part of a network that heats 98 per cent of the city. By 2050, the UK government wants networks like this to serve a fifth of the country’s heating demand. But will it be as cheap and reliable as promised?

World’s largest memory-chip maker offers bullish outlook as quarterly profits fall just short of analyst estimates

Opposition candidate who lost in Sunday’s run-off releases inflammatory open letter hours after arriving in Florida

Report into worker pipeline sheds light on deepening economic ties between Moscow and Pyongyang