Latest: Asia Stock Market News
Indonesia has had to open its market to US products and firms, and pay a hefty price, while its exporters still face a 19% tariff on any goods sent to the US.
China’s internet giants ByteDance and Tencent are among the firms that are in the process of submitting applications for the chips
China's insistence that it must continue building coal power plants at record pace is seen as a key reason why Asia is warming nearly twice as fast as the global average
China's GDP grew 5.2% in the April-June quarter from 2024, thanks mainly to industrial output, which is expected to drop in the second half
The Chinese government has previously said automakers will have to repay subsidies that they have been found to have claimed improperly
China saw a big trade surplus in June, but analysts predict a second half slump. They say its unlikely the US will cut tariffs to levels that allow producers to turn a profit
Trump ramped up warnings on the weekend, saying he would put a 30% levy on most imports from the EU and Mexico next month, after threats to Japan, South Korea and India
Nvidia founder Jensen Huang says chip curbs may be counterproductive after US senators urge him to avoid military firms on this trip to China this week
Both sides said the meeting was positive and constructive, with Rubio saying they must focus on building the right atmosphere and results that the leaders want to achieve
CEO Elon Musk will open Tesla's first outlet in the world's third largest car market next Tuesday. The EV maker is just opening a showroom initially
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
