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

"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