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A pedestrian walks past an HSBC branch in Hong Kong. The bank will eliminate more fees from November to fend of competition. Photo: BloombergA pedestrian walks past an HSBC branch in Hong Kong. The bank will eliminate more fees from November to fend of competition. Photo: Bloomberg

U.S. companies in China are increasingly fretful that trade tensions between the world’s two biggest economies will drag out over years and nearly a third said their ability to retain staff had been affected, a survey showed.

Samsung and SK Hynix will reportedly stop selling components to Huawei as the Trump administration tightens sanctions on the Chinese phone maker. According to Chosun Ilbo and other Korean news outlets, the companies will suspend trade on September 15th, the day a new set of rules limits dealing with Huawei.

Australia’s economy contracted by the most on record last quarter, with the recovery from the nation’s first recession in almost 30 years buffeted by Victoria state’s renewed Covid outbreak and lockdown.

Moody’s raised its growth forecast for China’s 2020 GDP to 1.9 percent from 1 percent in the August update of its Global Macro Outlook.

Yoshihide Suga, the chief Cabinet secretary who has been Prime Minister Shinzo Abe’s right-hand man for nearly eight years, on Sunday emerged as a leading candidate to take over the nation’s highest political position.

The Trump administration has cracked down on popular Chinese apps TikTok and WeChat but has more apps in its sights, White House trade adviser Peter Navarro said on Monday.

Yum China, the operator of Pizza Hut and KFC in the mainland, is seeking to kick off secondary listing in Hong Kong as soon as next week, aiming to raise US$2 billion (HK$15.6 billion), mainland media reported.

Japanese Prime Minister Shinzo Abe will step down from his post due to health concerns, a source from his ruling Liberal Democratic Party said Friday.

Japanese Prime Minister Shinzo Abe, who suffers from an inflammatory bowel disease, returned from a check-up at a Tokyo hospital on Monday to reassure the media over the state of health and insist he wanted to do the best job possible.

The Secretary for Commerce and Economic Development Edward Yau Tang-wah said Washington has delayed until November 9 an order mandating that goods made in Hong Kong for export to the United States will need to be labelled as 'made in China,'' RTHK reports.

Hong Kong Exchanges and Clearing (HKEX) on Wednesday reported a 1 per cent increase in first-half profit, as higher trading revenue made up for investment losses.

Ant Group, Alibaba’s (BABA.N) fintech arm and China’s dominant mobile payments company, plans to set up a consumer finance firm in the southwestern city of Chongqing, expanding its presence in the fast-growing domestic business, two sources told Reuters.

The failure of the U.S. to handle the coronavirus pandemic risks derailing the economic recovery and puts the country at a competitive disadvantage in its long-run battle with China for global hegemony, former Federal Reserve Chairman Alan Greenspan said.

Oracle has expressed an interest in acquiring TikTok, according to the Financial Times, giving Microsoft a potential competitor in its bid to control the Chinese social video app in the US.

Shenzhen mayor Chen Rugui commented at a press conference on Monday morning that the city now has access to the pure 5G networks. That was interpreted by traders as a sign that Shenzhen has officially entered the 5G era and construction of the new networks will be accelerated in rest of the country.

Thailand recorded the largest economic contraction in 22 years in the quarter ending June, keeping Southeast Asia's second-largest economy trapped in a coronavirus-induced recession.

China’s rare earth exports plunged 44% in July from the previous month, customs data showed on Friday, hitting their lowest in 5-1/2 years in a sign that the coronavirus has destroyed demand for the prized group of 17 minerals.

China’s retail sales unexpectedly fell in July from a year ago,while the comeback in factory output was slower than forecast amid signs the recovery in the remains fragile.

The Federal Reserve's monetary relief flooded markets with liquidity, but prices now rest on shaky foundations, according to the billionaire investor George Soros.