Double Whammy as Chinese Chip and Consumer Plays Descend
The U.S. Commerce Department's tough new rules on semiconductor supply promise to set back China's ambitions to develop its own chip industry.
Shein's Price Drop Could Prompt IPO Recalculation
Shein, the leading fashion-app download in the US, was valued at US$100B at its latest financing round, but faces a cut-price discount sale on its own shares.
Chinese Property Props Up Plunging Hong Kong Stocks
The Hang Seng Index closed at an 11-year low, with losses in financials and tech, although piecemeal property measures out of Beijing temporarily boosted developers.
Asian Stocks Wrap Up Their Worst Month Since the Pandemic's Onset
September has been a ragged time for mega-caps in particular, with Hong Kong and South Korea especially hard hit.
A Vote of Little Confidence for the Brazilian Stock Market
The charts of the iShares MSCI Brazil exchange-traded fund looks shaky.
Growth in Rest of Asia Expected to Outpace China for First Time in 22 Years
The World Bank says other Asian nations that face risks to growth for now are buoyed by exports and higher commodity prices.
Asia Opens Back Up to Travel - Finally
Hong Kong and Taiwan declare an end to the mandatory hotel quarantine, while Japan reopens to all travelers.
Australia's Central Bank Says It Is Bust
After the Australian fiscal year ended in June, the Reserve Bank of Australia marked its bond holdings to market - wiping out all its reserves.
Asian Equities Protected From Worst of U.S. Selloff
Markets in Asia moved lower but it was far from the bloodbath on Wall Street, with Asian currencies the main indicator of economic weakness.
Chinese President Xi Jinping to Meet Russia's Putin on First Post-Covid Trip
It will be Xi's first trip outside China in almost 1,000 days.