Observers say China’s tech companies will have been alarmed by the size of the Didi fine and read it as a signal that the worst is not over yet

Positive earnings reports from the US continued to boost investor sentiment, though China’s Covid fight and struggling property sector weighed

The anti-dumping duty rates are set at 39% to 45.7% for Japanese firms including JFE Steel Corp and Nippon Steel Corp, 37.3% for Korean companies and 46.3% for EU firms

Investors were in a cautious mood, buoyed by Wall Street gains off the back of good earnings reports, but worried about China’s Covid and real estate troubles

The US Senate this week gave its nod to a much-debated semiconductor bill that seeks to hand billions of dollars in sops for the computer chips industry

A total of 15 places, including cryptocurrency exchanges and related offices, were searched on Wednesday

Investors across the region followed the lead of a positive Wall Street on Wednesday though fears over China’s property market are deepening

The one-year loan prime rate (LPR) was kept at 3.7%, and the five-year LPR was unchanged at 4.45%, in line with market expectations

Traders were distracted by upcoming Bank of Japan, US Fed and ECB summits as soaring prices continue to hamper growth across the region

Nancy Pelosi's visit will be the first by a Speaker of the US House of Representatives in 25 years

Sitharaman said because cryptocurrencies are borderless, any legislation to regulate or ban such assets will only be possible through global collaboration.

Trimmed version of Congress bill is expected to include $52 billion in subsidies for the industry and tax credits for firms that make semiconductors in the US