Bloomberg Asia’s top chip stocks tumbled on Tuesday, ensnared in an escalating US-China tech race that has erased more than $240 billion from the sector’s global market value. Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest contract chipmaker, plunged a record 8.3% while Samsung Electronics Co. and Tokyo Electron Ltd. also declined. The selloff spread to the foreign-exchange market …

  Bloomberg The atmosphere at a conference of currency market professionals was markedly different from the previous few years: there was a buzz. Senior executives from banks and brokers were feeling optimistic about the prospects of foreign-exchange trading at the recent gathering in Amsterdam. They’ve spent years eyeing the world of crypto with envy, as digital assets thrived in a …

Bloomberg The first commercial Boeing Co. 737 Max flight appeared to have resumed flying into China for the first time in almost four years, in what would be a major breakthrough for the US planemaker’s best-selling jet. A MIAT Mongolian Airlines flight operating a round-trip between Ulaanbaatar to Guangzhou landed in the southern Chinese city at 8:18am local time on …