The Big Story
Inside Shanghai's COVID lockdown nightmare
China's zero-COVID policy devastated the commercial capital
Tech
Technology
Tencent to open third data center in Japan on cloud computing demand
Chinese tech giant to also add new metaverse offerings
China tech
China's Bilibili launches paywall as it seeks new revenue source
Video platform hit by regulator crackdown starts charging for premium content
Semiconductors
Ukraine war to extend chip supply crunch: semiconductor group
SEMI CEO says conflict choking off supply of key raw materials to manufacturers
Aerospace & Defense
South Korea succeeds in 2nd home-developed space rocket attempt
Nuri rocket puts test satellite into orbit in boost for nation's space program
Caixin
JD.com retreats again from money-losing group-buying business
Early gains prove transitory; e-commerce giant to end service in 7 provinces
DealStreetAsia
Indian startups CityMall, Unacademy slash hundreds of jobs
Tech companies face mounting pressure to cut costs amid volatile markets
Cryptocurrencies
Cryptocurrency exchanges must educate users: Bitkub CEO
Topp Jirayut says acquisition by SCB will go on despite regulatory setbacks
Asia Insight
Japan startups see Kishida's 'new capitalism' as road without map
Plan to increase the sector 10-fold spurs both hope and skepticism
Cryptocurrencies
Hong Kong crypto platforms freeze accounts as turmoil deepens
Digital currency markets in free fall after key unit's collapse sparked sell-off
DealStreetAsia
Indonesian beverage chain Haus raises Series B1 funding
Startup to expand user base of newly launched app with fresh money
Environment
Robot boats gobble plastic waste from Vietnam to Malaysia
Coldplay, Coca-Cola, Kia funding trash-hunting vessels in Asian rivers
Media & Entertainment
Sony's virtual production tech thinks outside the green screen
Studios in Japan and U.S. meld digital and physical to streamline filmmaking
Cryptocurrencies
Bitcoin sinks below $20,000 to 18-month low amid wider crypto fears
Retail investors stand to 'be scarred forever' from tanking sector
Technology
New Japan audio tech packs sound of trillions and trillions of CDs
Asahi Kasei unit aims to bring streaming music quality closer to live performances
Electronics
Sony steps up image sensor tech, targeting 60% market share
Japanese group eyes smartphone cameras in fending off Samsung, other rivals
Cryptocurrencies
Crypto crash exposes overleveraged trades, risking deeper losses
Singapore-based Three Arrows becomes latest big victim of sell-off
Media & Entertainment
ByteDance to shut Shanghai game development studio
Half of staff at 101 unit face likely layoff
Retail
China's COVID-hit shoppers focus on value as retail blitz wraps up
'Prudent' spending during '618' festival expected to top last year's event