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

The funding will assist Papua New Guinea Ports Corporation to increase capacity to accommodate larger ships, including container vessels