Joyy Chairman David Li and Xiaomi founder Lei Jun are teaming up for the deal because they feel the Chinese social media company is undervalued in the US market

Beijing's push to cut huge debt levels in the property sector via loan and land-buying curbs have hammered developers, causing a stream of asset sales, bankruptcies, defaults and takeovers

The Hang Seng Tech Index fell 1.9% and China Evergrande Group plunged almost 7.5% after warning first-half profits may fall as much as 39%. 

The Bank of Korea became the first major Asian central bank to shift away from pandemic-era monetary settings amid fears that Asia's fourth largest economy is overheating

Japanese chipmaker Kioxia and Western Digital are reported to be in talks on a $20-billion stock merger that would create a NAND memory giant to rival Samsung Electronics

Investors are too focused on China's regulatory crackdown and risk ignoring property curbs that are the `elephant in the room,' says Chief China Economist Lu Ting.  

Hong Kong, Tokyo and Shanghai were flat on Wednesday, with analysts saying the focus is now on Fed chair Jerome Powell's speech this Friday

A key terminal at Ningbo-Zhoushan port is back in action after a Covid disruption, but air freight was also suspended at Shanghai Pudong Airport last week for the same reason

China issued new guidelines on corporate bonds to unify rules for the country’s bond markets and reiterate the application of...

China's central bank boosts short-term funding to ease worries over tightening liquidity amid a faltering recovery, but real estate shares and other sectors were down

A South Korean parliamentary panel votes to recommend amending a law to stop Google and Apple from charging high commissions on app store purchases

US officials have reportedly approved licences worth hundreds of millions of dollars for blacklisted Huawei to buy 'less sophisticated' chips for its auto parts business