Security reviews are being undertaken in the US after the ICBC ransom attack, while China's top bank sent capital to its US arm to help pay BNY Mellon $9 billion for unsettled trades caused by the event
The SoftBank Group-controlled firm trades at 45 times its 12-month forward earnings estimates, compared with investor darling Nvidia's 29.66
A global chip glut and Washington’s moves to limit China’s semiconductor industry weighed on SMIC, but the chipmaker shrugged off the revenue drop
The International Monetary Fund cautioned continued weakness in the real estate sector and cooling consumer demand could hold back GDP
According to a study by US researchers at AidData, Beijing’s lending focus has shifted from Belt and Road infrastructure projects to rescue finance
The ban is aimed at promoting a "level playing field" for retail and institutional investors, South Korean financial authorities said
A former central bank official has warned the Bank of Japan might phase out stimulus by next month if pressure continues to mount on its currency and prices
Berkshire’s latest stake sale in BYD came on the heels of the EV-maker’s financial results this week, in which the carmaker reported its highest-ever quarterly profit
Geopolitical tensions, plus western calls to "de-risk" supply chains and higher interest rates in the US have driven a decline in FDI, which is at a two-decade low, the report said
Chinese tech giants, including Alibaba, ByteDance and Baidu, had placed orders worth billions for 2024 and Nvidia had planned to deliver some of them by mid-November
HSBC’s finance chief said the bank still expected another couple of difficult quarters but the long-term outlook for the country’s real estate was positive
Oil prices are set to come under more strain while there could be a surge in Treasuries buying, easing pressure on stocks and other assets