One hedge fund already uses ChatGPT to project earnings power, and identify investment opportunities and risks
"De-dollarisation is evident in FX reserves where [the dollar's] share has declined to a record as share in exports declined but is still emerging in commodities," the US bank noted
The survey saw firms reporting a rise in new business in May as China's Covid reopening boosted orders for hotels, restaurants and travel
TSMC's workplace culture has come in for criticism by former workers, but the tech giant says hiring of staff for its new facilities in Arizona is on track
Revenue last month reached T$450.7 billion ($14.7 billion), in line with its expectations, though it was up 5% compared with April
China’s defence minister Li Shangfu appealed for the two superpowers to seek common ground and cooperation, at an Asian security summit
Washington lawmakers have said the US should work with South Korea and Japan and retaliate after China targeted the biggest US memory chip maker
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
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 world's No1 and No3 crude importers bought about 110 million barrels of Russian crude in May, up nearly 10% from the previous month