Latest: Asia Stock Market News
The foray by Ant into financial AI is notable as the company founded by billionaire Jack Ma is China's biggest fintech firm
Investors across the region are banking on long-awaited interest rate cuts being in the pipeline thanks to dovish signals from the US
The ban follows the anti-graft agency uncovering cases of officials providing benefits to groups they invested in via private-equity funds, according to state media
Foreign firms are said to have pulled $160 billion out of the country over the past year and a half, with companies drawn to higher interest rates and more appealing investment destinations
The ban is aimed at promoting a "level playing field" for retail and institutional investors, South Korean financial authorities said
Some new local government debt quotas for 2024 have been issued in advance to reasonably ensure local financing needs, China's newly appointed finance chief said
The carmaker has said it is still looking for the right location and would make an announcement at the end of the year
China is changing its approach to AI amid a slowdown and debt crisis in its real estate sector — which has accounted for nearly a quarter of the country’s economic output
Beijing’s top anti-graft body said it was investigating Zhang Hongli, the former VP of the Industrial and Commercial Bank of China – the world’s biggest bank by assets
Rare earths have emerged as particularly significant to the global clean energy transition as countries around the world race to meet their carbon emissions goals
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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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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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