Latest: Asia Stock Market News
Afghan regime has consulted with Chinese telecom giant Huawei about potential cooperation on reconfiguring a mass surveillance network initially planned by the West
China’s economic woes, particularly its ailing property sector, and the gloomy prospect of high interest rates for some time to come weighed on investors
China now has at least 130 large language models, accounting for 40% of the global total and just behind the US’s 50% share, with dozens of 'industry-specific LLMs' that link to a core model
The announcement came after customs data showed China had completely blocked its exports of germanium and gallium products in August
Sources say CEO Elon Musk is keen to build two factories in India - one for electric vehicles, and a second plant to make and sell the group's "Powerwall" battery
Top South Korean chipmakers Samsung and SK Hynix currently have permits to import US chip-making equipment into China, where they have extensive production facilities
Investors were buoyed by China’s latest efforts to shock its economy back into life but a steadfast Bank of Japan piled pressure on the yen
A big fall in hydropower being generated by dams in China and India this year has forced the two Asian giants to use more coal and fossil-fuel sources
China’s blue-chip dipped 0.8%, with Hong Kong’s Hang Seng and the ASX in Sydney both tumbling 1.3%, while the BSE Sensex in Mumbai was also down 0.85%.
The spat between the two countries is putting Western nations in an awkward position, who are eyeing India as a hedge against China but are also close allies of Ottawa
In This Section
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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