Latest: Asia Stock Market News
The show of solidarity from China's Central Asian neighbours contrasts sharply with the "negative" image of Beijing presented at the G7 gathering in Hiroshima
Japan’s benchmark was boosted by muscular domestic earnings and a weaker yen while Hong Kong’s main index struggled
The development comes at a time when the US is increasingly urging its allies to work together to counter China's chips and advanced technology development
A $2.6 billion share sale, if approved by China’s securities watchdog, would follow a capital raising rush by Chinese chipmakers in the face of US sanctions
Global temperatures are likely to be 1.5°C above pre-industrial levels at least once over the next five years, the WMO says, and an El Niño weather pattern looks likely to occur late this year
Investors were in upbeat mood as plans for huge tech investments in Japan were unveiled and China traders snapped up AI stocks
VinFast could hit break even as soon as the end of 2024, the company's founder Pham Nhat Vuong told investors
The Chinese currency was flailing after poor data showed its economy’s recovery is running out of steam, dragging other currencies down with it
About 30 coal mines will close in India over the next three to four years "to pave way for forests and water bodies", a top official said, but that may be only a quarter of the country's mines
China investors remained in downbeat mood over data signalling a wobbly recovery while Japan’s exporters were lifted by a stronger US dollar
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
