Latest: Asia Stock Market News
Investor attention was on a range of factors on Thursday with trade numbers, tech bets and policy tweaks all coming into play
US officials are looking to restrict the export of closed source AI models to China, Russia and other rivals, sources say, but there is uncertainty on the regulatory set-up it seeks to impose
Commerce Secretary said: "We could take extreme action, which is to say 'No Chinese connected vehicles in the United States' or look for mitigation," including safeguards, guardrails or other requirements."
The draconian vetting process has fanned concerns about challenges for corporate fundraising in a slowing economy and the country back-pedalling on market-oriented reforms
Before a full FSD rollout, Tesla still needs Chinese approval to collect and transfer data that Tesla's cars need to train its driver-assistance features
Mixed cues from US Fed chiefs on their interest rate plans, bets on BoJ intervention to prop up a sliding yen and China’s real estate woes all weighed on investors
China tech giants file a suit in a Federal Court in Washington DC, saying the divestment law violates the US Constitution on a number of grounds, such as free speech
US revokes licences that gave chipmakers such as Intel and Qualcomm permission to sell chips to Huawei after China tech giant released an AI-enabled laptop last month
The server chip will likely focus on running AI models, also known as inference, rather than in training AI models, where Nvidia is dominant
The Nikkei jumped by 1.57% on Tuesday, while the Hang Seng dropped 0.5% as investors cashed in on the best performance in six years – a rise over 10 consecutive trading days
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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
AF TV: Market Analysis
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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