Latest: Asia Stock Market News
The long shadow of high interest rates and fading hopes of a Fed U-turn also weighed on sentiment while Beijing’s bond boost eased
Demand for EVs is growing, but the scrapping of an EV partnership between GM and Honda, plus a warning from China's top battery maker suggest the transition may be slower in 2024
The developer missed an interest payment on another bond in August, as it follows the downward spiral of dozens of its peers, including Evergrande
Debt-heavy municipalities represent a major risk to the world's second-largest economy and its financial stability, amid a deepening property crisis
This is the second appeal for calm by the Chinese president, in a little over a month, amid a bitter technology and trade war between the world’s two biggest economies
The new finance minister is Lan Foan, a former governor of Shanxi province, while former defence minister Li Shangfu lost several senior positions
In a filing to the SEC, Nvidia noted five chips that will be impacted as the rules go into effect: the A100, A800, H100, H800, and L40S
Bonds totalling $137 billion will help counter growing impacts from climate change, as China continues to build new coal power plants; it will also boost the economic recovery, officials say
China has earmarked the funds for infrastructure, with the major stimulus move lifting the mood on the region’s trading floors
Shares rose slightly on markets in mainland China but dropped in Hong Kong, while Japan, Seoul and Sydney rebounded after three days of falls; Asian currencies edged higher
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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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