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Indonesia’s biggest tech firm soared on its market debut Monday after a billion-dollar IPO that was the world’s fifth-biggest this year, defying recent heavy weather for Asian tech stocks. GoTo, the largest digital ecosystem in the archipelago nation of 270 million people, was formed by the merger of ride-hailing company …

China’s financial center of Shanghai started easing its lockdown in some areas on Monday despite reporting a record of more than 25,000 new Covid-19 infections, as authorities strive to get the city moving again after more than two weeks. Pressure has been mounting on authorities in China’s most populous city, …