Tencent invested in 258 companies, 60% more than in 2020. Alibaba made 70 investments, up 59% and ByteDance bought into 58 companies, 87% more
Hong Kong, Shanghai, Singapore, Wellington, Jakarta and Bangkok rose, while Tokyo, Seoul, Taipei and Manila edged down. Sydney and Mumbai were closed for holidays.
Dealers said pre-lunar new year holiday corporate demand has helped push the yuan higher while the central banked stayed silent
Evergrande's debt crisis has roiled other developers and global financial markets, contributing to a sharp slump in China's property market
Chinese President calls for economic stability and cautious approach to climate change, in contrast to US climate envoy John Kerry who says the world is "in trouble" and "not on a good track"
Jakarta conducted a test flight using jet fuel mixed with palm oil last year and plans to do road tests for biodiesel containing 40% palm fuel next month
The cryptocurrency has been positively correlated with S&P 500 index since early 2020, meaning they broadly move up and down together
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.