The sudden shift in Chinese policy has boosted many different asset classes, with billions pouring into emerging-market debt and equity funds in the week to Wednesday, BofA data showed
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
The second-largest chipmaker in China after SMIC, Hua Hong will produce 300mm (12-inch) semiconductor wafers at the factory
The directives, by the Competition Commission of India, force Google to make changes like allowing third-party app stores to be housed within its Play Store
For most of 2022, Tesla joined rivals in aggressively raising EV prices but its decision to reverse course now challenges automakers’ established strategy of pursuing profit-over-volume
Taiwan’s Economy Ministry said that while Foxconn had breached regulations, there was no concern about an ‘outflow of technology’
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
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
US tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
Despite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.