Up to a third of China's high-yield property developers could default in 2022 as stresses on bond maturities increase, Goldman Sachs warned in a note on Friday
Industrial output plummeted by more than 61% in April, while retail sales sank by 48% and property sales were down by 88% when the city-wide lockdown was imposed
Tencent sank by more than 6%, Alibaba dropped 7.39%, while its e-commerce rival JD.com was down 3.7% and Meituan slipped by nearly 3.8%
Do Kwon, the young Korean who created the Luna token, built a huge house of cards thanks to millions ploughed in by investment firms, despite the coin's very unstable foundations
A Falcon 9 rocket carried a further 53 Starlink internet satellites into orbit from the Kennedy Space Center in Florida on Wednesday morning, a report by Space said
China's economic slowdown and its crackdown on tech companies have been blamed for new stock listings in Hong Kong plummeting to a nine-year low
Japan and the US are expected to announce plans during Biden's visit to Tokyo next week about a project to land a Japanese astronaut on the Moon in coming years, a report by Kyodo says
Banks and key financial entities in Shanghai are among 864 institutions that have been allowed to return to work in China's financial centre, sources said on Wednesday
Chinese officials are talking to car manufacturers about an extension of subsidies for electric vehicles amid concern about the country's sharp economic slowdown
China has been working on a service network that enables the deployment of blockchain technology for businesses, notably those operating cloud computing infrastructure, the report says
Binance had invested $3 million in TerraUSD's sister cryptocurrency, Luna, four years ago. Its value plunged from $1.6 billion before last week's crash to less than $3,000 today.
Pre-market trading indicates shares will open at 15 to 20 rupees lower than the Rs. 949 issue.