The death toll rose to 159 on Wednesday after police finished searching all seven of the high-rise towers that were engulfed in flames that took 40 hours to put out, officials said. The blaze elicited grief, anger and fear in the densely packed city of 7.5 million people, which returned to China from British colonial…
Zhang Lei, founder and chairman of Hillhouse Investment, during the Global Financial Leaders’ Investment Summit in Hong Kong, China, on Wednesday, Nov. 5, 2025. Bloomberg | Getty Images Asia-focused private equity managers are turning more bullish on the world’s second-largest economy, betting on Beijing’s drive for technological self-sufficiency and rapid adoption to deliver the next…
Taiwan’s TSMC is the world’s largest contract chip manufacturer Taiwan has added China’s Huawei Technologies and Semiconductor Manufacturing International (SMIC) to its export control list, which includes other proscribed organisations like the Taliban and al-Qaeda. Inclusion on the economy ministry’s trade administration’s strategic high-tech commodities “entity list” means Taiwanese companies will need government approval before…
