Study of municipal finances shows 102 cities made payments accounting for 10% or more of their resources in 2022; debt obligations are so high it is limiting state capacity to boost the economy
BRICS foreign ministers have asserted their bloc's ambition to rival Western powers and build up their influence in a multi-polar world
Technology firm equities recorded $8.5 billion of inflows in the week to Wednesday which also saw a 30% rise in shares of chipmaker Nvidia
The Japanese conglomerate, whose tech portfolio has slumped in value due to an array of troubled investments, passed the psychological level of 6,000 yen on Friday
Weak economic data, widening yield differentials with the US, and capital outflows through foreign selling of stocks and bonds have dragged currency down to six-month lows to the dollar
The latest heatwave to hit Asia has set more temperature records in cities across China and parts of Southeast Asia
The Washington deal which sees a default avoided boosted investor mood across the region, with tech shares leading the way in Hong Kong
The investment, from a British consortium that includes mining giant Glencore, will go into a wind energy-powered industrial park on Sulawesi island
"The process of diversifying in different geographies is an excellent strategy by TSMC and so TSMC is now part of Nvidia's diversity and redundancy strategy," chief Jensen Huang said
Refinitiv data shows foreigners sold $1.71 billion worth of mainland shares via Stock Connect in May, after selling $659 million in April
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
US tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
Despite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.