Latest: Asia Stock Market News
Investors across the region were preoccupied with the likelihood of persistently high borrowing rates for some time to come
US officials have forewarned Beijing, in a bid to stabilize tense ties with China, that the Commerce Ministry is working on an update of chip export controls imposed by the US last year
China has been hit by retail sales slumping below pre-pandemic levels, stagnant house prices, greater household debt and lagging private sector investment, the World Bank says
Police scrutiny of Evergrande, and now its chief, has complicated debt restructuring efforts by the world’s most debt-laden property developer
Tokyo’s benchmark surged in early trading before later slumping on a thin trading day with Hong Kong, Seoul and Mumbai all closed for a holiday
The move by major companies to reduce production in China has boosted inflation, but the western shift to 'friendly shores' has been positive for countries like India and Vietnam
Bank of Japan Governor Kazoo Ueda says there is "still a way to go" before the BOJ ends its stimulus policy, but noted that the cost of the move was not a factor for the central bank
The Asian Development Bank said on Saturday it approved a $300 million loan to Changzhi in northern Shanxi province to help "catalyse a green" transformation of the coal-mining region
Foreign firms have been particularly concerned about stepping over the line while dealing with Chinese regulators, amid Beijing’s crackdowns on due diligence and consultancy firms
While the planned diplomatic exchanges are aimed, in part, at restoring ties, Xi is also said to be hoping they will slow down Washington’s trade and tech war targeting Beijing
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
