New US restrictions on computer chips and chipmaking equipment to China could hurt Chinese foundries set up by South Korean chipmakers, a report says
China's chipmaking sector and many others dependent on advanced US tech are likely to be hit hard by export controls announced by Washington last Friday, the FT says.
China's semiconductor index fell more than 5% as chipmakers shed over $8bn in market value and tech giants dropped on Monday, after the US unveiled a raft of export control measures
The Caixin services purchasing managers' index fell to 49.3 in September from 55.0 the previous month as Covid curbs hit supply and demand, business confidence and deter people's travel
Binance said on Friday coins worth at least $100 million were taken in a hack that targeted a bridge between two Binance systems.
Biden said Putin is "not joking when he talks about potential use of tactical nuclear weapons" in Ukraine, but he warned that doing that could 'end with Armageddon'
Thirteen Chinese firms have been added to a blacklist that bars US investment, including DJI Technology, Dahua Technology and BGI Genomics.
Japan's foreign reserves fell by a record $54 billion last month after its rare intervention in the currency market two weeks ago
New US export restrictions will target China-based producers of DRAM chips, but Samsung and SK Hynix are likely to get more leeway from US regulators, sources say
Buyers from mainland China bought about a fifth of 425 luxury units costing more than S$5 million ($3.52 million) between January and August this year, estate agents say.
Auto giant recalled 2,700 bZ4Xs globally in June after discovering that there was a risk the car's wheels could come loose. It said in a filing on Thursday two potential problems would be fixed
Shares of the lithium battery maker slipped slightly after it listed on the Hong Kong Exchange on Thursday, but the company raised $1.28 billion from its IPO.