Latest: Asia Stock Market News
The deal comes at a time when OpenAI chief Sam Altman is seeking between $5-7 trillion for an AI chip venture in a bid to bolster global chipmaking capacity
EU’s antitrust regulators have open an investigation into a Chinese state-backed rail maker over its planned participation in a $657 million tender for electric trains
While the tourism boom will offer some relief to Chinese policymakers, the sustainability of the boost remains uncertain as the country's faces deflationary risks and slowing demand
The launch marks a second straight win for the Japan Aerospace Exploration Agency after its lunar lander, SLIM, achieved a "pinpoint" touchdown last month
PricewaterhouseCoopers had been Evergrande’s auditor since 2009 — when the developer listed in Hong Kong — and resigned from that position in January last year
US-listed shares of the chip designer, seen as benefitting from investors' hunt for the "next Nvidia", have surged more than 95% in just the last seven trading sessions alone
The Nikkei 225 was up 0.92% at the close in Tokyo on Friday, while the Hang Seng in Hong Kong jumped by 2.4%, and stocks in Australia and India were also boosted
Google is partnering with the Environmental Defense Fund, a non-profit, with a plan to launch a satellite next month that uses Google's AI system to measure methane leaks
Small exporters in India, many of whom work on small margins, have warned that job losses could soar if attacks in the Red Sea drag on for months this year
Leaders of Pacific Island nations allied with the US have become anxious about the US budget impasse that has delayed approval of vital new funding packages
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AF Market Insights
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China-US Economic TiesChina Stocks Delisting From US: Everything You Need to Know -
Market InsightsChina Stock Market Guide: Everything You Need To Know
AF China Bond
China Stock Markets
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SemiconductorsTaiwan to Fine Foxconn After Unauthorised Chinese Investment -
Market InsightsChina’s Covid Infections Rise Further as Outlook Darkens
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Markets: The Big Picture
With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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Oil & GasIndia Is Likely Exporting Refined Russian Oil to the WestIndia’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
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MarketsApple Asks Suppliers in Taiwan to Meet China Label StandardsUS tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
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MarketsIndian-Owned Tech Firms See Sharp Growth in UKDespite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
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