Diem Association sold its assets to crypto-focused bank Silvergate Capital on Monday, ending the ambitious push by Facebook/Meta to get its billions of users to adopt its own currency

Factory output shrank for the first time in three months in December as a decline in machinery production outweighed a small rise in autos, casting a cloud over the economic recovery.

Finance minister tips 8-8.5% growth for the 2022/23 fiscal year, while the IMF has cut its growth estimate to 9% after a surge of Omicron infections recently

The company allegedly paid $34m in fines for work on the project that skirted environmental and zoning regulations during the years it was built. Dozens of buildings are earmarked for demolition.

Tokyo and Sydney piled on more than 2% apiece while Seoul, Mumbai and Bangkok were also up. But Hong Kong and Shanghai lost 1%, with Singapore, Wellington and Manila following them down

Fitch said weaker new home sales will weigh on developers' land replenishment. The ratings agency expects nationwide residential property sales to fall 10%-15% in 2022.

Evergrande shares slumped on Thursday after the developer's thinly detailed restructuring plan left investors dissatisfied, while its indebted peers also fell on concern over higher interest rates

Apple Inc achieved its highest-ever market share in China in the fourth quarter, when it was the top-selling vendor for the first time in six years

Financial authorities fear the boom in crypto trading could destabilise the economy and want to limit its impact on the economy.

Tencent Holdings plans to take DouYu International private amid disagreements over strategy, regulatory hurdles and a plunge in the company's share price, sources say

China Resources Land secured $3.64 billion in credit for real estate acquisitions on Wednesday, and other state developers completed bond sales worth 2.29bn yuan for the same purpose.

Hong Kong, Shanghai, Singapore, Wellington, Jakarta and Bangkok rose, while Tokyo, Seoul, Taipei and Manila edged down. Sydney and Mumbai were closed for holidays.