Latest: Asia Stock Market News
The US Justice Department is now reportedly seeking an 18-month prison sentence for Zhao, the maximum suggested under federal guidelines
The country’s big banks, suspected of often doing Beijing’s bidding, have continued buying yuan despite the currency rising
Analysts say investors looking to sue the ChatGPT-maker will have a 'weak case' as the company's structure insulates the board, even from decisions that backfire
The People's Bank of China said the deal "will help strengthen financial cooperation" and "expand the use of local currencies"
Stellantis and CATL have a preliminary agreement on producing lithium iron phosphate (LFP) batteries for the automaker's EVs in Europe
Investor mood was mixed with bets on an end to central bank tightening failing to sustain an early session rally
India and China are expected to oppose the move to block private funding for coal-fired power plants. Both claim their citizens still need more energy from fossil fuel sources.
Another year of consistent wage growth would force the Bank of Japan to consider ending its controversial monetary stimulus
Exports from Xinjiang rose to $409bn in the first 10 months of 2023 and could go higher as trade has jumped to countries in Central Asia and Southeast Asia, despite western sanctions.
Dozens of OpenAI staffers have reportedly announced internally that they are quitting the company, and many of them have taken to X to say the firm is "nothing without its people"
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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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