Asia-Pacific markets mostly gain after U.S. tech sell-off pushes key Wall Street indexes lower
Asia-Pacific markets mostly rose Tuesday, while investors sold-off U.S. Big Tech stocks overnight in favor of sectors such as banking and energy.
Asian news from city Beijing
Where Have All the Chinese I.P.O.s Gone?
There was a time when a Chinese internet company’s initial public offering was the hottest thing on Wall Street.
Fast fashion retailer Shein confidentially files for London IPO as U.S. listing stalls
Shein, the fast fashion giant with links to China, has confidentially filed for a public listing in London as it faces backlash in the U.S., a person familiar with the matter told CNBC.
U.S. probing China Telecom, China Mobile over internet and cloud risks, Reuters reports citing sources
The Biden administration is investigating China Mobile, China Telecom and China Unicom over concerns the firms could exploit access to American data through their U.S. cloud and internet businesses by providing it to Beijing, three sources familiar with the matter said.
China cracks down on ‘wealth-flaunting’ influencers
Chinese regulators are in the process of wrapping up a two-month “spring clean” of the country’s social media.
Beijing: new Treasury rules amount to ‘decoupling’
Beijing has expressed serious concerns following Washington’s proposal of a set of detailed rules that would restrict and monitor United States investments in China for artificial intelligence, semiconductors and quantum computing.
Legal moves turn South China Sea into a public image battleground
The Philippines has taken further actions that add to the complexity of the South China Sea status quo. While there haven’t been any official announcements regarding initiating new arbitration hearings against China, reports suggest there have been discussions to that end.
US No 2 envoy claims Moscow-Pyongyang pact has left Beijing ‘somewhat anxious’
The No 2 envoy in US President Joe Biden’s administration said on Monday that Beijing was “somewhat anxious” over growing military cooperation between Russia and North Korea.