Latest: Asia Stock Market News
A letter written by staff researchers to the OpenAI board of directors, in the days before Altman's dismissal, warned of an AI discovery that ‘could threaten humanity’
Fossil fuel subsidies have risen $2 trillion to $7 trillion, according to the International Monetary Fund, as governments around the world try to protect consumers from rising energy prices
Investors were in cautious mood on Thursday with all eyes on the US Fed and Beijing looking for news of rate cuts and support measures
Binance's deal with US regulators includes an agreement to have court-appointed monitors from the Justice and Treasury departments for up to five years, report says
Zhongzhi sent a note of apology to investors on Wednesday, saying it had liabilities of up to $64 billion. This has led to fears of debts spreading from the property crisis to the financial sector
Just hours before the firm pulled its cloud unit’s listing, it had emerged Ma's family trust intended to sell 10 million American depository shares
Malaysia and Vietnam have had cargoes worth about $320 million each denied or held for checks since the new rules came into force in mid-2020, nearly three times more than exports from China
Investors across the region were happy to sit on the sidelines ahead of national holidays in the US and Japan
OpenAI agrees to Altman returning to save the group from collapse; former Salesforce co-CEO Bret Taylor and former US Treasury Secretary Larry Summers will join the new board
Social media giants are not taking responsibility for rampant scams being conducted on their platforms, which is unacceptable, an expert on Chinese crime gangs in Myanmar and Southeast Asia says
In This Section
AF Market Insights
-
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
-
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
-
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.
-
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
-
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.
-
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.
Asia Financial is owned by Capital Link International Holdings Ltd, 902, Wilson House 19-27 Wyndham Street, Central, Hong Kong. www.capitallinkintl.com
