China's plummeting GDP and the US’s soaring inflation brought a pessimistic air to the region’s trading floors
The Invesco Golden Dragon China ETF, a gauge of China stocks listed in the US, has climbed 11% since May 27 while the Nasdaq 100 is down almost 7%.
TSMC, a key Apple supplier and the world's largest contract chipmaker, said profit soared by 76% in the April-June period, to T$237 billion ($7.9 billion)
Shares of struggling developers dropped further on Friday as homebuyers' refusal to repay loans on partly built apartments outweighed government assurances to get projects completed on time
Analysts said the yen's tumbling value against the dollar caused share price boosts for automakers and microchip producers
``If there comes a massive wave of home auctions, prices will crash,'' said Gavekal Dragonomics. "Both social stability and financial stability will be endangered in the worst case."
US consumer prices leapt 9.1% year-on-year in June, increasing Asian investors’ worries about growth and more central bank rate hikes
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.