It was Toyota's fourth consecutive quarterly profit decline. The company has repeatedly cut output targets, but has fared better than most competitors in managing its supply chains

Chinese tech giant plans to leave the Russian market, according to a report by Novinite.com in Bulgaria, which cited Izvestia and said the company had stopped direct deliveries to the country

Goldman Sachs estimates that $100 billion to $200 billion of foreign holdings could be at risk if global funds significantly cut their allocations of Chinese equities

The plant targets mass production by 2025, joining other battery suppliers in taking advantage of new US EV tax credit rules

As China's automakers close the gap with foreign automakers we are likely to see more joint ventures collapse in the coming years, Urban Science managing director Chee-Kiang Lim said

The government will also review property rights for tokenised assets and explore legalising so-called smart contracts

Foxconn is Apple's biggest iPhone maker, producing 70% of iPhone shipments globally, which in turn makes up 45% of the Taiwanese firm's revenue

China stocks sank again on Friday, with CSI 300 Index falling 2.5% and the Hang Seng plunging 3.7% to hit new lows since 2008; most other Asian markets edged down

Samsung insiders say his quiet manner disguises a steely determination that Lee will need if he is to grow Samsung amid mounting business headwinds amid a sharp downturn in global tech demand

Data Lake, a Manila-based firm part owned by Henry Sy Jr, said it signed a deal to be first SE Asian partner of SpaceX's Starlink. Currently few Filipinos have broadband internet service

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