China's economy will be slow to recover, despite Shanghai, a city of 25 million people, reporting on Thursday that it had 338 new locally transmitted infections for May 25, the lowest since mid-March
Global carmakers are falling behind Chinese electric car companies in the world's biggest car market, with no foreign brands among the top 10 carmakers in the China EV segment this year, except for Tesla in third place.
Business secretary Kwasi Kwarteng said the acquisition of Newport Wafer Fab by Nexperia, a subsidiary of China's Wingtech, would face an investigation
The South Korean central bank increased the key rate by 25 basis points to 1.75% on Thursday
Felipe Medalla, a member of the central bank's monetary board, will become the new central bank governor.
The PS5, launched in November 2020, undersold its predecessor in its second year due to component shortages which have roiled the electronics industry
The China Passenger Car Association (CPCA) data showed sales of passenger vehicles fell 16% from the same period a year earlier to 780,000 units
Pakistan Foreign Minister Bhutto Zardari said on Wednesday that the country's bailout deal with the IMF is "outdated" given recent global crises
Vedanta's Agarwal said he supports Prime Minister Narendra Modi's drive to make India a semiconductor manufacturing hub, adding that "Foxconn is our technical partner"
United Overseas Bank was sole global coordinator, and acted with Maybank as mandated lead arrangers and sustainability advisers
ADDX uses blockchain and smart contract technology to tokenise and fractionalise pre-IPO equity, private equity and hedge funds, as well as bonds
Hang Seng Indexes said the metaverse "has captured the attention of people around the world" and such companies are rapidly growing in popularity