Economic challenges and geopolitical tensions have made fundraising difficult, with investment in China by global players in particular slowing

Exports slumped 7.5% year-on-year in May, data from China's Customs Bureau showed on Wednesday, the biggest decline since January. Imports also fell by 4.5%.

China will have room to reduce interest rates and the reserve ratio that banks must hold in the second half of this year, a state daily reported on Tuesday

US regulator's move, filing 13 charges against Binance and its CEO Changpeng Zhao, has hit public faith in crypto trading, and led to a wave of withdrawals from the group's exchanges

"De-dollarisation is evident in FX reserves where [the dollar's] share has declined to a record as share in exports declined but is still emerging in commodities," the US bank noted

TSMC's workplace culture has come in for criticism by former workers, but the tech giant says hiring of staff for its new facilities in Arizona is on track

OpenAI CEO Sam Altman predicted Israel, a country ranked high for machine learning systems, will the right balance between innovation, human rights and civic safeguards

Revenue last month reached T$450.7 billion ($14.7 billion), in line with its expectations, though it was up 5% compared with April

Study of municipal finances shows 102 cities made payments accounting for 10% or more of their resources in 2022; debt obligations are so high it is limiting state capacity to boost the economy

BRICS foreign ministers have asserted their bloc's ambition to rival Western powers and build up their influence in a multi-polar world

Weak economic data, widening yield differentials with the US, and capital outflows through foreign selling of stocks and bonds have dragged currency down to six-month lows to the dollar

The latest heatwave to hit Asia has set more temperature records in cities across China and parts of Southeast Asia