With bond defaults totaling over $50 billion, fund managers are choosing to cut their losses amid the mortgage payments boycott and plunge in home sales and prices

Nikkei marked its worst week in nearly three months but China’s markets were buoyed by stimulus hopes after new Covid lockdowns

Asia's factory activity slid last month as China's strict zero-Covid approach and cost pressures hit businesses hard

World's largest contract chipmaker TSMC is building a $12 billion semiconductor plant in US state of Arizona

The world's second-biggest economy is set to slow again in the third quarter as Covid lockdowns across the country hit production

The Nikkei plunged to a one-month low after a US order to stop sales of top AI chips to China while Covid outbreaks continue to blight the world’s No2 economy

CATL said the construction of the $7.6 billion plant in Hungary, to supply Mercedes, BMW and VW, will be its biggest overseas investment

Japan's benchmark Nikkei index hit a seven-month high on Friday while China and Hong Kong stocks were in retreat

Smartphone maker’s CEO Lei Jun said the company had 500 staff dedicated solely to developing autonomous driving technology

Beijing Judian Chuxing Technology was just one of a series of partnerships ride-hailer Didi struck with automakers including Volkswagen, Toyota and BYD

A source close to the Chinese insurer, which pushed for the Asia business spin-off, say HSBC’s biggest shareholder thinks the bank overegged the consequences

Asian shares pushed higher on Thursday as investors bet on the pace of interest rate hikes slowing after data pointed to US inflation peaking