Alibaba Vows to Stay on Wall Street After SEC Threatens Delisting
BABA, which is applying for a joint primary listing in Hong Kong just in case, says it will 'strive' to retain its U.S. stock listing.
DiDi Global's US$1.2B Fine in China Ends Damaging Tech Crusade
A financially disastrous and embarrassing attack on the tech sector looks to be ending in China, with DiDi Global penalized for data-protection violations.
Taiwan, Indonesia Benefit From China's Fall in Expat Popularity
With interest in living in mainland China and Hong Kong plunging, other Asian destinations are drawing away expatriate talent.
China's Meager Q2 Growth Manifests in Mortgage-Payment Boycott
Homebuyers are refusing to honor their mortgages in a movement that is snowballing in China, causing a headache for developers and mortgage-issuing banks.
Asian Chipmaker Shares Rally as Sector Appears to Bottom
With share prices having corrected sharply, companies such as TSMC and Samsung are now refusing to move lower, and even showing signs of a rebound.
China Doubles Population Under Lockdown, at Risk of BA.5 Shutdown
The world's second-largest economy has been recovering since mid-May. But that progress is tentative, and is currently being set back by a quadrupling in Covid case counts.
Shinzo Abe Made Japan Believe in Itself Again
Japan's longest-serving leader was assassinated Friday. His 'Abenomics' revived Japan's economy.
Recession-Bound Japan Aided by Weak Yen on Exports
With the yen testing ¥137 and stubbornly staying above ¥135 to the U.S. dollar, Japanese exporters will benefit from a currency-exchange boon to the bottom line.
Hong Kong Marks 25 Years Since Handover With New Version of History
Just don't call it a handover - Chinese President Xi Jinping has been on a whistle-stop tour of Hong Kong, which we're now told never belonged to the British.
Naspers to Unlock Its Own Value By Selling Down $129B Tencent Stake
Naspers and its investment-holding company Prosus will sell down their Tencent stake and buy their own shares, with both companies trading at big discounts to NAV.