China's central bank oversaw the tiniest daily cash infusion since January 2021, with just 2 billion yuan ($296 million) added through seven-day reverse repos on Wednesday

Server chips had been the only remaining bright spot in memory chip demand that drove SK Hynix to report a 56% jump in operating profit

Data showed factory profits grew 0.8% compared with a year earlier, rebounding from a 6.5% decline in May, according to the National Bureau of Statistics

China's zero-Covid policy, which has snarled supply chains and hurt production, prompted LGES to seek EV-battery factory sites elsewhere in Asia

The downbeat report comes a day before recently appointed Treasurer Jim Chalmers updates the previous government's budget forecasts

The leaders said they would increase trade and economic cooperation, especially in agriculture. Jakarta is trying to increase exports while Beijing has focused on food security

Bigger peers such as Norway's sovereign wealth fund and Japan's Government Pension Investment Fund have also flagged difficult market conditions

The bill provides about $52 billion in subsidies for US semiconductor production as well as an investment tax credit for chip plants estimated to be worth $24 billion

Wuhan's district of Jiangxia, with over 900,000 residents, said its main urban areas must enter a three-day restriction from Wednesday

Rising concern about consumer and business confidence in China - as strict curbs aimed at stamping out Covid-19 undercut a return to prosperity - have hampered growth

The developer will issue 870 million new shares, or 3.6% of the enlarged share capital, at HK$3.25 each, to professional and institutional investors in the share sale

The HiPhi Z is the Shanghai company's second production car, which claims a range of 705km and acceleration from 0-100 km/h in 3.8 seconds