Page 655 - Bloomberg/reuters

China tech selloff accelerates as weak earnings spook investors

The Hang Seng Tech Index closed 1.9% lower in Hong Kong.

Bitcoin's 60% rally from July lows may be running out of steam

The largest cryptocurrency fell as much as 4.4% Thursday to $46,588, with other tokens including Ether retreating along with the Bloomberg Galaxy Crypto Index.

South Korea's rate hike suggests it's not too worried about Delta variant

On Thursday, the Bank of Korea raised its benchmark rate a quarter of a percentage point to 0.75%, citing worries about asset bubbles and other financial imbalances

Warlord to former CEO: Taliban must deal with these leaders in Afghanistan

The militant group has been holding meetings in Kabul with Hamid Karzai, the first president after the U.S. invasion, and Abdullah Abdullah, No. 2 in the ousted administration

How China's ultra-loyal, nationalist web users silence Beijing's critics

Among their targets are celebrities, scientists, feminists and public figures, who can suffer censorship, blacklisting or loss of income

SoftBank-backed logistics firm Delhivery plans $1 bn IPO filing in October

The company, backed by SoftBank Vision Fund and Carlyle Group Inc., is targeting a Mumbai listing before March next year, said the people with knowledge of the matter

Jindal Steel plans $2.4-billion spend in six years, double output

The steelmaker plans to raise total crude steel capacity to 15.9 million tons by March 2025 from 8.6 million tons, the New Delhi-based company said in an investor presentation on Tuesday

Country now comes before profit for tech giants in Xi Jinping's China

President Xi Jinping has increasingly emphasized the idea of "common prosperity" as the Communist Party tries to address the country's wealth gap

SEC chief Gary Gensler warns 'clock is ticking' on delisting Chinese stocks

Securities and Exchange Commission Chair Gary Gensler has a warning for hundreds of Chinese companies that have raised billions of dollars in US markets

J&J says coronavirus vaccine booster shot triggered an antibody surge

ignificant increases in antibody responses were seen in subjects ages 18 to 55 years old, and among those 65 or older who were given a lower dose of the booster.

US Senate's company tax plan boosts penalty on sending profit abroad

The proposal is one legislative piece of a $3.5 trillion tax and spending package that Democrats are now crafting to implement the bulk of President Joe Biden's longer-term economic plans

Not just tycoons, India's asset monetisation plan must treat all fairly

Australia has lessons for India's plan on managing a fair deal for taxpayers and ensuring public utilities work and are affordable.

Credit Suisse postpones US office return for unvaccinated staff

Employees that are not yet vaccinated are expected to work remotely until they receive the shot. The memo didn't specify that employees would be obliged to get vaccinated.

Sequoia-backed beer maker Bira 91 plans fifth brewery before IPO

The new brewery in Madhya Pradesh -- Bira's second in the central Indian state -- will initially add 400,000 hectoliters a year, Ankur Jain, the 41-year-old chief executive officer said

China eyes Afghanistan's $1 trn of minerals with risky bet on Taliban

Afghanistan is sitting on deposits estimated to be worth $1 trillion or more, including what may be the world's largest lithium reserves

Patchy Indian monsoon set to cheer palm traders 3,000 miles away

The world's second-most populous nation, where eating fried food is a national tradition, depends on overseas suppliers for as much as 70% of its edible oil needs

China's central bank vows to boost credit support, stabilise money growth

The People's Bank of China will keep monetary policy stable with a good cross-cyclical design and will support high-quality economic expansion with "appropriate money growth," according to a statement

China tech stocks rebound as Cathie Wood joins bargain hunters

Heavyweights Tencent and Alibaba Group Holding Ltd. climbed 8.8% and 9.5%, respectively.

El Salvador readies Bitcoin rollout with 200 ATMs for conversion

The government will install 200 of the teller machines to initially accompany its digital wallet called Chivo, a local slang term for 'cool,' President Nayib Bukele said on Twitter

Yale taps 36-year-old Matthew Mendelsohn to run $31-bn endowment

Matthew Mendelsohn, 36, will head the second-largest private college endowment in the U.S. -- one that's the envy of peers and institutional investors