Chinese tech, EV stocks fall on regulatory fears; property developer Soho China drops 35% on failed deal
Chinese electric vehicle stocks fell on Monday after the country's industry minister said there are "too many" EV firms in China.
CNBC Asia
China's rumored ambitions to dive into Afghanistan are overstated and unrealistic, experts say
Regional experts are not all convinced of China's enthusiasm for barreling into the war-torn Central Asian state on its western border.
Southeast Asia could lose $28 trillion if it fails to act fast on climate change, report finds
Southeast Asia's economy is set to lose trillions over the next 50 years if it does not significantly reduce its carbon emissions, a Deloitte report found.
Andy Card recalls one of the first calls President Bush made from Air Force One after 9/11 attacks
Andy Card, who served as chief of staff to President George W. Bush, recalls a lesser-known phone call made by the president on the morning of Sept. 11, 2001.
Goldman Sachs says hedge funds are increasingly trying to compete with VCs in private deals
Hedge fund participation in private deals that typically involve venture capitalists has grown "enormously" in recent years, according to Goldman Sachs.
Singapore pivots to living with Covid, refrains from tightening measures even as cases rise
Health Minister Ong Ye Kung said Singapore wants to limit deaths and avoid overwhelming its hospitals, so it's not opening up the economy further for now.
Hong Kong's Hang Seng index jumps nearly 2% as Chinese video game stocks bounce back
Shares in Asia-Pacific rose on Friday, as investors monitored Hong Kong-listed stocks of firms in regulation-hit sectors such as video games.
Biden, Xi discuss avoiding confrontation in second phone call of new U.S. administration
Chinese President Xi Jinping and U.S. President Joe Biden spoke for the first time since February on Friday.
Hong Kong's Hang Seng index drops 2% as Chinese gaming, education shares take a hit
Gaming stocks took a hit after a South China Morning Post report on Thursday afternoon that said the Chinese government has temporarily suspended approval for all new online games.
Covid waves will hit the global supply chain for two years, Reagan economist warns
Safanad's John Rutledge, who helped build President Ronald Reagan's economic plan, warns that Covid waves will hit the supply chain for two years.
Data shows the U.S. is the world’s largest Covid vaccine donor — way ahead of China
The U.S. has donated and delivered more than 114 million doses of Covid-19 vaccines, according to public data compiled by UNICEF.
Watch live: Biden announces new Covid vaccine and testing mandates for millions of U.S. workers
Chinese Tesla rival XPeng plans new vehicles and targets a distant future in robots and flying cars
This year, XPeng showed off a second prototype of a flying car. And on Tuesday, it showed off a four-legged "robotic unicorn" as it pushes into new areas.
BlackRock responds to George Soros' criticism over China investments
Soros described BlackRock's initiative in China as a "tragic mistake" that would "damage the national security interests of the U.S. and other democracies."
UK government calls for security review of graphene firm’s takeover by Chinese academic
The U.K. government has called for an investigation into a takeover by a Chinese scientist of a small Welsh manufacturer that makes graphene.
Asia-Pacific stocks mixed; Evergrande shares in Hong Kong rise nearly 4% after briefly falling below IPO price
China Evergrande Group's stock in Hong Kong briefly dropped below its IPO price in Wednesday trade before rising 3.92% by the market close.
China's Xi Jinping to attend virtual BRICS summit chaired by India
When the term was first coined, BRIC referred to the four prominent emerging economies of Brazil, Russia, India and China. South Africa was added in 2010.
Major automakers fear the global chip shortage could persist for some time
Ford, Volkswagen and Daimler are still struggling to deal with the impact of the chip shortage, and execs say a lack of chips is likely to remain a problem.
Hyundai wants hydrogen fuel cell versions of all its commercial vehicle models by 2028
Firm is also looking to introduce a "next generation fuel-cell system" in 2023.
UAE announces 50 initiatives to boost economy, but businesses await more details
Visas are a core pillar of the UAE economy as nearly 90% of its population of 10 million are expatriates.
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