China's CSI 300 blue-chip share index falls to lowest in 16 months, other Asian stocks decline around 2%, as Fed indicates it may raise US interest rates in March
Shares surge about 99% above its IPO price of 300,000 won shortly after market opens, as investors cheer upbeat outlook of global electric vehicle industry
Profits in the chip business, Samsung's largest division, more than doubled from the same quarter a year ago to 8.84 trillion won
The carmaker's biggest growth for the second consecutive year was in China, where sales rose 40% to 4,033 units, while Asia-Pacific sales rose 37%
Tencent invested in 258 companies, 60% more than in 2020. Alibaba made 70 investments, up 59% and ByteDance bought into 58 companies, 87% more
Plan comes as carrier restructures its business with passenger flights grounded since the start of the coronavirus pandemic in March 2020
While Asia-Pacific countries have made strides in controlling bribery much more needs to be done to solve the region’s corruption problems.
Jidu, an electric vehicle (EV) joint venture between Baidu and Geely, said it would deliver its mass-produced "robot" EVs in 2023
China should "recalibrate" its aggressive anti-Covid-19 policy to try to ease the negative impact the pandemic continues to have on global supply chains and economic growth, the IMF's No.2 said
Monetary Authority of Singapore says it will slightly raise the rate of appreciation of its policy band
Shimao, which held a 26.7% stake in Guangzhou Asian Games City, said it sold its holdings to JV partner COLI for $290.65 million
Cryptocurrencies slid across the board amid rekindled fears of heated inflation and aggressive US Federal Reserve policy tightening