US officials tell California chip designer to stop exporting two top chips to China used for artificial intelligence, machine learning, satellite imagery and other purposes

Most Asian markets slipped on Wednesday as investor worries about monetary tightening were inflamed by strong US jobs data. But stocks in Korea edged up slightly

The building industry faces multiple threats such as "sluggish demand, weakening expectations and falling prices," Country Garden said.

Officials in the southern city have clamped down to smother a potential outbreak after five local infections were reported on Tuesday. Some 41 cities now have restrictions imposed.

E-commerce giants, plus Yum China and their auditors have been told they will be among the first companies whose books are inspected by PCAOB regulators in Hong Kong next month

Covid restrictions and the worst heatwaves in decades weighed on China's factory activity, which continued to fall in August, according to data released by the statistics bureau on Wednesday.

China stocks slipped again on Tuesday amid concern about Covid restrictions, but markets in Japan, Australia and India all climbed higher. Eyes are now on US data on Friday.

The Solomon Islands has suspended entry of foreign navy vessels to its waters after US and UK ships on an illegal fishing patrol were rebuffed after trying to make port stops last week

Epidemic prevention and control policies are putting the economy at risk, the Anbound Research Centre said in a rare act of public criticism of the ruling Communist party.

The group committed a "series of severe crimes," which included raising the annual return rate above markets levels, to 13%-18%, in order to attract depositors, a local security bureau said.

China's spending on "public safety" more than doubled over the past decade and reached $210 billion in 2020, and that outlay was 7% higher than its (official) defence spending

Bilateral deal with South Korea is a move to attract investment to develop the electric vehicle and batteries industry, while most Southeast Asian nations, China and Australia are in RCEP