Bank of America data also showed weekly flows of $14.4 billion into bond funds and $7.5 billion into equities as China’s reopening buoyed investors

Investor mood was boosted by Beijing’s claims it was winning its war with Covid but fears of a global slowdown continue to cast a shadow

Analysts say the golden week holiday and a new mortgage rate mechanism have made a cut in the loan prime rate on Friday unlikely.

Thailand is forecast to see holiday spending reach its highest since 2019 as Chinese visitors return to the tourist hub

Japan’s strengthening currency weighed on exporters – and investors – while worries over a worldwide slowdown intensified

Once information is ruled as fake, social media platforms will have to ensure users do not publish or share it, the draft legislation proposes

The online platform is expected to include more than 90% of China’s total transportation market

Chinese indexes saw an unspectacular day ahead of the week-long Lunar New Year break while Japan stocks were boosted by its central bank’s latest decision

Gloomy growth figures out of China brought down the mood on the region’s trading floors though a cooling yen boosted sentiment in Japan

The semiconductor outfit, whose clients include US company Qualcomm, is focusing on cost control in a further sign of pain facing the tech industry

Prices in December declined 0.2% month-on-month, the fifth consecutive monthly fall and at the same pace as in November

Traders were betting on China bouncing back from its Covid nightmare this year but a soaring yen is ramping up the pressure in Japan