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Net profit came in at about 31 billion yen, compared with a 155 billion yen loss in the same quarter last year related to the collapse of Archegos Capital Management
Shanghai Securities Association, Shanghai Futures Association, and Shanghai Asset Management Association said firms should operate continuously and guarantee funds and transactions
An exodus will hurt Shanghai's ambition to be a regional financial centre and could be bad news for foreign firms that expanded operations in the city over the past few years
Market attention has now jumped to China’s capital where authorities are in a race to keep a lid on the latest coronavirus outbreak
Investors are "ditching China on an unprecedented scale", because of Beijing's zero-Covid policy, the global rise in interest rates, and sanction risks from Russia's war in Ukraine, it says
New law restricts firms from releasing real-time data, which is a big concern for trading companies and logistics managers trying to follow supply chain movements
China’s worsening Covid situation saw its stock markets suffer their worst day in 27 months with investors worried over its impact on global supply chains
Lawmakers had questioned whether the foreign brokerages were making buy recommendations but actually selling TSMC shares
Sentiment was undermined by fears strict lockdown measures will spread to Beijing, after the capital required everyone living or working in Chaoyang district to take Covid tests this week
China's CSI300 index was close to a 23-month low on Monday, while the Hang Seng dropped 2.8% and the Nikkei fell 1.9%. Oil slipped 2.7%.
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With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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