SoftBank sinks as Asia chip stocks track Wall Street AI rout

CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Asia tech stocks tumbled on Friday as a fresh rout in U.S. semiconductor shares spread across Asia, underscoring growing…

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what it means for China markets

A man looks at a screen showing Chinese stock market movements as he uses his mobile phone in Beijing on April 7, 2025. Wang Zhao | Afp | Getty Images Chinese equities could get a fresh boost after this week’s high-stakes meeting between U.S. President Donald Trump and Chinese President Xi Jinping, with investors saying…

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AI layoffs hit U.S. but not China jobs — yet

College students look for employment opportunities at the Large-scale Recruitment Fair for Science and Engineering Universities on March 24, 2026 in Harbin, China. Tyne Chin | Getty Images News | Getty Images Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a succinct snapshot of…

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Qatar attack, semiconductor supply chain, LNG, helium

Images of mobile devices at the Taiwan Semiconductor Manufacturing Co. (TSMC) Museum of Innovation in Hsinchu, on Tuesday, Jan. 11, 2022. I-Hwa Cheng | Bloomberg | Getty Images Asian technology stocks fell on Thursday as Iran’s latest attacks on Qatar’s Ras Laffan Industrial City and a surge in oil prices rattled investor sentiment, amplifying concerns…

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