US automaker Tesla is suspending production at its Shanghai factory for four days after city officials said on Sunday they would lock down in two stages to carry out mass testing for Covid-19
Tesla chief executive Elon Musk said in a tweet on Saturday he is giving "serious thought" to building a new social media platform, one that would prioritize free speech
The SPAC announcement came less than two weeks after US regulators named five New York-listed Chinese companies that face delisting
China stocks slumped to 21-month lows, while mainland firms listed in Hong Kong sank to levels not seen since 2008.
Investors have shown growing interest in Thai, Malaysian and Indonesian stocks as economic prospects brighten in ASEAN nations, while other regions are hit by impacts of the Ukraine crisis
Chinese payment-related stocks jumped on Monday as investors wagered that kicking banks out of the SWIFT system would benefit China's own cross-border payment system, CIPS
Stocks of Chinese firms involved in data centre tech and cloud computing surged on Monday after Beijing approved the building of 10 data centre clusters worth billions of dollars.
The national team's most famous stock market intervention came in 2015, when state funds invested $158 billion to stabilize the market after a rout triggered by a shock yuan devaluation.
The pressure keeps piling on Warren Buffett-backed Indian payments merchant Paytm. Shares of its owner One97 Communications are in freefall and now it must deal with gloomy predictions about its future revenues.
Coinbase, the biggest US cryptocurrency exchange, plans to acquire recently launched futures exchange FairX to “make the derivatives market accessible to our millions of customers through an industry-leading, simplified user experience.”
Singapore has long rivalled Hong Kong in the battle to become the financial hub of Asia. Now, it has an unprecedented opportunity to stake a claim as the region’s fintech leader as its northern rival battles regulatory restrictions.
As cryptocurrency scams become more sophisticated, especially with the emergence of so-called “rug pulls”, recently released data shows that cryptoscams reached an all-time high in 2021. Illegal operations made off with more than $7.7 billion of investors' wealth, which is 81% more than in 2020.