ASML reports better-than-expected third quarter sales, says group is unable to keep up with demand, with orders of more than $29.4 billion from Asia and the US's biggest chipmakers

Hong Kong's new leader says he has prioritised improving the city's competitiveness and attracting highly skilled workers after the departure of 200,000 expatriates and locals in recent years.

About 500 shipments of Cisco Systems gear arrived in Russia in August, months after the US networking giant halting operations in the country, a leaked Customs document suggests

Analysts said Xi's eagerness to "win the battle" in core technologies could mean that China will not only bolster spending but overhaul its whole approach to boost key tech and chip sectors

The group estimates net profit for the July-September quarter came in at $765 million-$820 million, which is a rise of 333% to 365% from the same period a year earlier

Cash has flown mostly out of the bond market, because of China's slowdown, but analysts say there are signs local money is being moved out as confidence in the country's outlook drops

Researchers in China's hypersonic and missiles programme have managed to obtain specialized US technology, such as advanced software products, via private resellers or research bodies

China's slowdown has hit the capacity of provinces to fund intrastructure projects and led many to shed staff, data from provincial governments shows

The move follows export restrictions imposed by the Biden Administration. YMTC is also being investigated by the Commerce officials on whether it sold chips to blacklisted Huawei

State banks sold a high volume of US dollars and used swaps and spot trades to defend the weakening yuan on Monday, sources said. One said the operation was 'rather huge'

ASML and Lam Research, two top chipmaking tool providers, have rushed to comply with US chip export curbs by "pulling American engineers out of their operations" in China

Volkswagen will invest $2.33bn and take a 60% stake in a joint venture with Chinese tech firm Horizon Robotics for autonomous driving software and hardware