China's official manufacturing Purchasing Managers' Index for May on Monday came in at 51.0, a slight decrease from the previous month's reading of 51.1.
Nepal underestimated its second wave of Covid-19 infections and needs to step up its efforts to address the crisis, Nepali billionaire Binod Chaudhary said.
Shares of JD Logistics made their debut in Hong Kong on Friday and surged to more than 18% from their issue price at one point, before later paring those gains.
A Biden official said this week, "The dominant paradigm is going to be competition. Our goal is to make that a stable, peaceful competition that brings out the best in us."
European fintech Klarna is close to securing a new funding round at a valuation of more than $40 billion, according to a source familiar with the matter.
U.S. Trade Representative Katherine Tai and Chinese Vice Premier Liu He had a "candid, pragmatic and constructive" call, China's Ministry of Commerce said.
John Riady, director of Indonesia's conglomerate Lippo Group, said the country is the "most exciting" digital and tech market in Asia — and arguably the world.
China's purchases of U.S. goods fall short of what they should be to stay on track with the trade deal, says the Peterson Institute for International Economics.
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