"De-dollarisation is evident in FX reserves where [the dollar's] share has declined to a record as share in exports declined but is still emerging in commodities," the US bank noted
New findings show how CEO Changpeng Zhao secretly retained control over Binance's US arm and ensured he could direct the company’s expansion in the American crypto market despite scrutiny from regulators
TSMC's workplace culture has come in for criticism by former workers, but the tech giant says hiring of staff for its new facilities in Arizona is on track
Revenue last month reached T$450.7 billion ($14.7 billion), in line with its expectations, though it was up 5% compared with April
BRICS foreign ministers have asserted their bloc's ambition to rival Western powers and build up their influence in a multi-polar world
The Japanese conglomerate, whose tech portfolio has slumped in value due to an array of troubled investments, passed the psychological level of 6,000 yen on Friday
Weak economic data, widening yield differentials with the US, and capital outflows through foreign selling of stocks and bonds have dragged currency down to six-month lows to the dollar
The latest heatwave to hit Asia has set more temperature records in cities across China and parts of Southeast Asia
"The process of diversifying in different geographies is an excellent strategy by TSMC and so TSMC is now part of Nvidia's diversity and redundancy strategy," chief Jensen Huang said
Refinitiv data shows foreigners sold $1.71 billion worth of mainland shares via Stock Connect in May, after selling $659 million in April
China hawks in Washington blame US investors for transferring capital and valuable know-how to Chinese tech companies that could help advance Beijing's military
Move was undertaken to sidestep a potential regulatory conflict stemming from its merger with UBS, which already has a locally incorporated bank in China, sources say