The move is latest step in Washington's crackdown on Chinese tech giants amid fears the firms would spy on Americans for Beijing
Beijing has vowed to continue with its controversial zero-Covid policy despite growing unrest and the mounting toll on the world’s second-biggest economy
The region’s major markets were weighed down by worries over China’s Covid fight and bad news on Japan inflation despite optimism on US rate hikes
Real estate firms’ shares rallied after the move from China’s biggest commercial banks with some stocks rising 18%
US Federal Reserve meeting minutes revealed policymakers were hopeful inflation was being tamed and hinted at a rate hikes slowdown
The Chinese smartphone maker’s net income fell 59.1% to 2.12 billion yuan over the period from 5.176 billion yuan one year ago
The Nikkei newspaper reported that the Bank of Japan will begin experiments on a digital yen launch with commercial banks next spring
Asian share markets mostly rose on Wednesday but oil and the dollar slipped as rising Covid-19 cases in China raised fears of fresh lockdowns
China’s Covid infection numbers are now near their April peak with Beijing closing public places and Shanghai tightening entry rules
JD.com CEO Liu Qiangdong also plans to donate 100 million yuan to a special fund to help children of JD employees
Fresh moves by Beijing to bolster China’s struggling property industry helped sentiment but the country’s worsening Covid situation capped gains
The island’s export orders slumped 6.3% in October from a year earlier to $55.4 billion, surprising analysts who’d expected a drop of 1%