TSMC’s evacuated workers return to some factories after Taiwan’s strongest earthquake in 25 years

An aerial view shows workers taking down a collapsed building in eastern Taiwan’s Hualien county following an earthquake/ Sam Yeh | Afp | Getty Images Taiwan Semiconductor Manufacturing Co said all its workers were safe and those who were evacuated have started returning to some factory lines after a major earthquake hit Taiwan early Wednesday. The island was … Read more

China and Hong Kong sold off nearly $5 trillion, worth more than India’s stock market

MUMBAI, MAHARASHTRA, INDIA – 2024/02/01: A circular metal emblem with words ‘This sign indicates buying of shares’ is seen near the pavement of a street near Bombay Stock Exchange (BSE) in Mumbai. Sopa Images | Lightrocket | Getty Images Stocks in China and Hong Kong sold off a massive $4.8 trillion in market capitalization since … Read more

Indian bonds are to be included in global indexes. Is this a gamechanger?

An undated editorial illustration of the Indian rupee and the Indian flag. Anand Purohit | Moment | Getty Images The decision to include Indian government bonds in two prominent global indexes recently is being viewed as a shot in the arm for the rapidly growing country and is expected to bring in billions of inflows. … Read more

Hong Kong’s national security law has analysts divided on its social and economic ramifications

Lawmakers, government officials, and Hong Kong Chief Executive John Lee are posing for a group photo inside the chamber of the Legislative Council complex after passing the Safeguarding National Security Bill in Hong Kong, China, on March 19, 2024.  Nurphoto | Nurphoto | Getty Images Hong Kong’s new national security bill that seeks to “prevent, suppress … Read more

China tightens regulations on consumer finance companies

BEIJING, CHINA – MARCH 04: Chinese national flags flutter at the Great Hall of the People as the second session of the 14th National Committee of the Chinese People’s Political Consultative Conference (CPPCC) opens on March 4, 2024 in Beijing, China. (Photo by VCG/VCG via Getty Images) Vcg | Visual China Group | Getty Images … Read more

South Korea plans to speed up reforms to boost shareholder returns

A currency dealer monitors exchange rates in a trading room at KEB Hana Bank in Seoul, South Korea. Jung Yeon-Je | AFP | Getty Images South Korea’s financial regulator will look at speeding up the corporate reforms proposed last month and could reportedly add newer measures, after market players voiced concerns the announced steps might … Read more

Canon Electronics leads plunge among Space One consortium after failed launch

Japan’s Canon Electronics shares fell as much as 12.7% on Wednesday after Tokyo-based Space One’s small rocket exploded just moments after its maiden launch. Reuters reported the solid-fueled Kairos rocket blew up just seconds after lifting off at 11:01 a.m. Japan time. If successful, Space One would have been Japan’s first company to put a … Read more

China EV shares are feeling the heat as price war concerns grow

New cars of the “Dolphin” model from Chinese car manufacturer BYD are in the harbor.  Picture Alliance | Picture Alliance | Getty Images Chinese electric vehicle makers shares listed in Hong Kong fell on Tuesday as worries of price wars in the sector grew. China’s EV market, the world’s largest and most crowded, is seeing … Read more

Disney’s Reliance merger is a streaming wars win

Disney+ Hotstar logo is seen on a smartphone and flag of India on a pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Walt Disney and Indian conglomerate Reliance‘s media merger will give back highly valuable cricket streaming rights to the U.S. firm in a country absolutely … Read more

China’s Country Garden gets liquidation petition from creditor

Aerial photo shows a Country Garden residential area in Nanjing, East China’s Jiangsu province, Feb 5, 2024. Future Publishing via Getty Images Future Publishing | Future Publishing | Getty Images China’s Country Garden Holdings said Wednesday it received a liquidation petition filed by one of its creditors, deepening worries about the country’s beleaguered property sector. … Read more