One measure of new foreign investment in China fell to the lowest level in 25 years in the second quarter, fueling concerns about how much geopolitical tensions and the economy’s slowing recovery can hurt business confidence.
South Korean stocks linked to superconductors plunged Tuesday after a US-based research center rebutted claims of a sensational breakthrough in the technology, heaping pressure on scientists to validate those findings as soon as possible.
SoftBank Group Corp.’s Vision Fund eked out its first profit in more than a year and said it’s cautiously resuming investments to capitalize on the opportunities in artificial intelligence and other emerging technologies.
Chinese developer Country Garden Holdings Co.’s stock and bonds plunged as noteholders said they haven’t received coupon payments effectively due Monday, further darkening sentiment in the crisis-stricken property sector.
Jailed former Pakistan Prime Minister Imran Khan said he’s been kept in a jail cell meant for terrorists and is seeking a court order to be moved to upgraded facilities after his conviction in a corruption case.
Homebuyers flocked to CK Asset Holdings Ltd.’s latest project in Hong Kong after it slashed prices to a seven-year low as developers contend with rising inventories during a sales slump.
South Korea’s government urged its industrial sector to be prepared for damages from Typhoon Khanun as the storm approaches the nation’s shores this week.
Taiwan’s trade surplus surged to a record high as the plunge in exports slowed in a sign that global demand for technology may soon start to recover.
Bulging sales of US Treasuries are about to deliver a major test of investor demand and determine whether a selloff has room to run, as the market braces for the biggest round of refunding auctions since last year.
Barn finds take the stage at the world’s most prestigious vintage auto auctions during Monterey Car Week.
