Latest: Asia Stock Market News

The Nikkei plunged by almost 7% from the record high reached on Tuesday, while South Korean shares dropped by 6.2%. Both markets clawed back some losses in afternoon trading.

The energy subsidies are part of China’s larger push to subsidise its AI and semiconductor industries. Its outlay for AI alone is expected to reach $98 billion this year.

Of the 53 clean-industry projects the country has in development, only two managed to reach a final investment decision this year

French politicians, retailers and regulators have waged a campaign to oppose Shein's expansion, seeking to protect high street retailers ahead of tough new legislation on online platforms, which Shein has fought against

Under the deal, Boyu will hold up to 60% of a new joint venture, while Starbucks will hold 40% and continue to license the brand and its intellectual property

China is seeking to woo foreign visitors, to revive its tourism sector and boost foreign engagement at a time when it is struggling with high US tariffs

America's top court will hear the fight against Trump's tariffs this week; an adverse ruling could be messy, but analysts say he would just use other avenues to achieve the same goal