New data security law requires all companies to classify data they handle into categories, plus how it should be stored and transferred, but firms have no guidelines yet on what to do

Many emerging market economies face a combination of chronically weak growth, rising inflation and deteriorating fiscal finances, said head of Global Macro Research Rob Subbaraman.

Fintech and e-commerce companies are raising billions in capital as global investors bet on tech companies seen as prospering once the pandemic eases

Barclays said the investment would help grow its corporate and debt investment banking in India, as well as its private client business.

Asian markets were flat and uneven on Thursday, with shares down in China and weak in other regional exchanges

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