Alibaba, Tencent and ByteDance among 20 firms summoned to ministry summit; President Joe Biden's $1 trillion infrastructure bill inches towards approval
Nasdaq falls as tech stocks turmoil ‘bleeds’ into US prices; Apple, Google-parent Alphabet and Microsoft all announce upbeat results
Hang Seng Index has now given up more than 10% in three trading days; Tutoring and tech sectors targeted by Beijing – Tencent and Alibaba tumble
JPMorgan Chase says some education stocks now 'uninvestable'; Traders eyeing Apple and Amazon earnings figures due out this week
Nikkei dips after Bank of Japan trims GDP forecast; Hong Kong ends flat following Biden warning to firms doing business in the city
Jittery traders are worried Fed will tighten monetary policy with analysts claiming Asia is particularly vulnerable to US tapering
The resurgence of the virus is a double-edged sword for markets – ensuring central banks will continue their ultra-loose policies but also bringing huge economic uncertainty too
China’s move on ride-hailing firm Didi and rising Covid cases across the region dampened enthusiasm in Asia’s major markets while Wall Street enjoyed another soaraway day
Traders around the Pacific couldn’t keep pace with their Wall St colleagues where post-pandemic positivity pushed the numbers to record highs again
Wall Street saw another record day but traders around the Pacific were less energetic as the spreading Delta variant of the virus sees lockdowns and restrictions return
The unrelenting momentum of post-pandemic growth in the US continued to spread optimism across trading floors despite worries over Covid’s resurgence and new lockdowns being imposed
Equities across the region mostly fell off down as virus spikes had a ripple effect across trading floors but investors remain upbeat about the longer term with vaccine rollouts accelerating