Asia

    Indonesia exchange CEO steps down as MSCI reform pressure mounts

    Indonesia exchange CEO steps down as MSCI reform pressure mounts

    It’s been a volatile week for Indonesian assets after MSCI flagged concerns about transparency in Southeast Asia’s biggest market.

    By Prima Wirayani, Abhishek Vishnoi and Bloomberg
    January 30, 2026

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    Chinese state media hints that Beijing might ‘hit back’ against European probes by targeting wine, dairy and aircraft
    Finance

    Chinese state media hints that Beijing might ‘hit back’ against European probes by targeting wine, dairy and aircraft

    By
    May 20, 2024
    Beijing is spending $42 billion to save its slumping real estate sector. Analysts say it’s nowhere near enough
    Finance

    Beijing is spending $42 billion to save its slumping real estate sector. Analysts say it’s nowhere near enough

    By Tom Hancock and Bloomberg
    May 20, 2024
    TikTok-owner ByteDance takes the lead in the race to have China’s most popular ChatGPT-like app
    Tech

    TikTok-owner ByteDance takes the lead in the race to have China’s most popular ChatGPT-like app

    By Jane Zhang and Bloomberg
    May 20, 2024
    Elon Musk travels to Bali to launch Starlink in Indonesia, his first trip after years of wooing from the Southeast Asian country
    Tech

    Elon Musk travels to Bali to launch Starlink in Indonesia, his first trip after years of wooing from the Southeast Asian country

    By
    May 20, 2024
    Taiwan is now exporting and investing more in the U.S. than China in major pivot away from Beijing
    Finance

    Taiwan is now exporting and investing more in the U.S. than China in major pivot away from Beijing

    By Didi Tang and The Associated Press
    May 17, 2024
    China’s real estate workers are taking 90% pay cuts and skipping social events to survive the property slump
    Finance

    China’s real estate workers are taking 90% pay cuts and skipping social events to survive the property slump

    By Chongjing Li, Charlotte Yang, Tao Zhang and Bloomberg
    May 17, 2024
    Cardi B TikTok helps stock in South Korean maker of spicy instant noodles jump by 30%
    Finance

    Cardi B TikTok helps stock in South Korean maker of spicy instant noodles jump by 30%

    By Shinhye Kang, Jenny Lee and Bloomberg
    May 17, 2024
    France admits it’s lost control of parts of New Caledonia, the world’s third-largest producer of critical EV metal nickel
    Tech

    France admits it’s lost control of parts of New Caledonia, the world’s third-largest producer of critical EV metal nickel

    By Ben Westcott, Eddie Spence, Ania Nussbaum and Bloomberg
    May 17, 2024
    Japan may have escaped deflation only to risk stagflation instead, as the country’s economy slumps for 3 straight quarters
    Finance

    Japan may have escaped deflation only to risk stagflation instead, as the country’s economy slumps for 3 straight quarters

    By
    May 16, 2024
    ‘Big Short’ investor Michael Burry bets big on China e-commerce, with JD.com and Alibaba making up his #1 and #2 holdings
    Finance

    ‘Big Short’ investor Michael Burry bets big on China e-commerce, with JD.com and Alibaba making up his #1 and #2 holdings

    By Charlotte Yang and Bloomberg
    May 16, 2024
    A Great Wall Motor Co. charging station next to the company's Ora 07 electric vehicle on display at the Bangkok International Motor Show
    Tech

    Overcapacity is a ‘fake concept’, says the international head of a major Chinese carmaker: ‘They don’t know what is happening in my house’

    By
    May 14, 2024
    Uber stokes monopoly fears with plan to pay almost $1bn for its only major food delivery competitor in Taiwan
    Finance

    Uber stokes monopoly fears with plan to pay almost $1bn for its only major food delivery competitor in Taiwan

    By Sarah Zheng, Chien-Hua Wan and Bloomberg
    May 14, 2024
    BYD has been frozen out of the U.S. market so it’s debuting its first hybrid pickup truck in Mexico 
    Tech

    BYD has been frozen out of the U.S. market so it’s debuting its first hybrid pickup truck in Mexico 

    By Kelsey Butler and Bloomberg
    May 14, 2024
    A customer shops for cooking oil at a market in Shenyang, China.
    Finance

    A group representing Cargill and Archer-Daniels-Midland pushes a surprising target for the next set of U.S. tariff hikes: used cooking oil from China

    By Tarso Veloso, Kim Chipman and Bloomberg
    May 14, 2024
    Smartphone giant Xiaomi is making a new move on Tesla as it aims to begin selling an SUV like the Model Y as early as 2025
    Tech

    Smartphone giant Xiaomi is making a new move on Tesla as it aims to begin selling an SUV like the Model Y as early as 2025

    By
    May 13, 2024
    Beijing narrowly escapes having to cover the debts of developer Country Garden as it scrounges up a $9 million interest payment
    Finance

    Beijing narrowly escapes having to cover the debts of developer Country Garden as it scrounges up a $9 million interest payment

    By
    May 13, 2024
    BYD’s small, inexpensive Seagull EV poses major threat to U.S. auto industry: ‘Any car company that’s not paying attention…is going to be lost’
    Finance

    BYD’s small, inexpensive Seagull EV poses major threat to U.S. auto industry: ‘Any car company that’s not paying attention…is going to be lost’

    By Tom Krisher, Ken Moritsugu and The Associated Press
    May 13, 2024
    China is still waiting for its ‘ChatGPT moment’, says AI expert Kai-Fu Lee: ‘For Americans, the moment happened 17 months ago’
    Tech

    China is still waiting for its ‘ChatGPT moment’, says AI expert Kai-Fu Lee: ‘For Americans, the moment happened 17 months ago’

    By Saritha Rai and Bloomberg
    May 13, 2024
    Baidu exec who started furor over 24/7 work culture with videos making light of staff wellbeing and warning subordinates to toe the line has resigned
    Leadership

    Baidu exec who started furor over 24/7 work culture with videos making light of staff wellbeing and warning subordinates to toe the line has resigned

    By Zheping Huang and Bloomberg
    May 10, 2024
    SoftBank has sold off or written down $29 billion in U.S. Vision Fund assets as Masayoshi Son tries to get his mojo back by turning to AI and chips
    Tech

    SoftBank has sold off or written down $29 billion in U.S. Vision Fund assets as Masayoshi Son tries to get his mojo back by turning to AI and chips

    By Min Jeong Lee and Bloomberg
    May 10, 2024
    Biden administration expected to impose sweeping tariffs on China strategic sectors including EVs, batteries and solar cells
    Finance

    Biden administration expected to impose sweeping tariffs on China strategic sectors including EVs, batteries and solar cells

    By Josh Wingrove, Jennifer Jacobs, Eric Martin and Bloomberg
    May 10, 2024
    European firms’ interest in expanding in China drops to a record low as world’s second largest economy slows to a crawl
    Finance

    European firms’ interest in expanding in China drops to a record low as world’s second largest economy slows to a crawl

    By Ken Moritsugu and The Associated Press
    May 10, 2024
    Baidu’s PR chief apologizes after her social media post demanding workers be available ‘24 hours a day’ sparks outrage
    Tech

    Baidu’s PR chief apologizes after her social media post demanding workers be available ‘24 hours a day’ sparks outrage

    By
    May 9, 2024
    Tesla’s China job cuts speed up as Elon Musk faces pressure to win back share in world’s biggest auto market
    Finance

    Tesla’s China job cuts speed up as Elon Musk faces pressure to win back share in world’s biggest auto market

    By
    May 9, 2024
    Alibaba’s home city says it will no longer check if homebuyers are qualified as China tries to revive its dreary real estate market
    Finance

    Alibaba’s home city says it will no longer check if homebuyers are qualified as China tries to revive its dreary real estate market

    By
    May 9, 2024
    South Korea’s president is establishing a new ministry to boost the country’s birth rate, the world’s lowest, after a bruising election loss
    Leadership

    South Korea’s president is establishing a new ministry to boost the country’s birth rate, the world’s lowest, after a bruising election loss

    By Soo-Hyang Choi, Shinhye Kang, Seyoon Kim and Bloomberg
    May 9, 2024
    Huawei’s licenses to buy chips from Qualcomm and Intel revoked as U.S. further tightens export restrictions
    Tech

    Huawei’s licenses to buy chips from Qualcomm and Intel revoked as U.S. further tightens export restrictions

    By MacKenzie Hawkins, Erik Wasson and Bloomberg
    May 8, 2024
    TikTok’s lawsuit against the U.S. reveals billionaire ByteDance founder Zhang Yiming is living in Singapore while keeping Chinese citizenship
    Tech

    TikTok’s lawsuit against the U.S. reveals billionaire ByteDance founder Zhang Yiming is living in Singapore while keeping Chinese citizenship

    By Zheping Huang and Bloomberg
    May 8, 2024
    Tesla sends its former Asia head back to China as sales of its Shanghai-made EVs plunged 18% in April
    Tech

    Tesla sends its former Asia head back to China as sales of its Shanghai-made EVs plunged 18% in April

    By Dana Hull and Bloomberg
    May 8, 2024
    BYD reiterates that it has no plans to sell in the ‘very protective’ U.S.—but hopes that things might get ‘back to normal’ after the election
    Tech

    BYD reiterates that it has no plans to sell in the ‘very protective’ U.S.—but hopes that things might get ‘back to normal’ after the election

    By
    May 8, 2024

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