Asian markets were mixed on Thursday with Chinese and Japanese stocks slipping ahead of an update on the US economy and an ECB rate hike decision
A total of 70 million smartphones were shipped from China to sellers in the third quarter, down 11% from 78.9 million from same period last year, research firm Canalys said on Thursday
Imports totalled $89.66 billion in the first nine months of this year as India purchased more Chinese machinery and intermediate goods, the Hindu said
Shares in Japan closed at their highest level in nearly seven weeks, while world stocks also hit a five-week high and most Asian currencies also eked out gains after a decline in the dollar index
Reports of Foxconn's Zhengzhou campus operating in a “production bubble” went viral on Chinese social media platforms
Central banks from Hong Kong, Thailand, China and the UAE issued CBDCs worth $12m on BIS’ mBridge platform to test cross-border transfers to and from commercial banks and foreign exchanges
Rising gas prices have forced Thailand to extend the lifespan of some coal plants to meet its power needs. Meanwhile, Thai exports rose by 7.8% in September
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.