Latest: Asia Stock Market News
Traders were buoyed by signs of a turn in the tide on US prices while China’s industrial firms saw their profits extend gains last month
The Japanese investment bank’s joint venture lost $30.75 million last year, after losing $11.48 million in the previous year
The UK-based bank, which earns most of its revenue in Asia, lost $700m alone from its stake in China Bohai Bank
Police alleged on Thursday that the Chinese Long River crime syndicate laundered $143 million via Changjiang Currency Exchange, a large money transfer group with dozens of shops nationwide
A push since last year to replace all Western equipment in critical sectors with domestic alternatives 'has re-drawn entire sub-sectors' of China's software industry
The Netherlands-based joint venture is expected to start exporting vehicles in the second half of 2024
"If China’s near-term growth were to slow by another percentage point, this would reduce 2030 coal demand by an amount almost equal to the volume currently consumed by the whole of Europe."
The long shadow of high interest rates and fading hopes of a Fed U-turn also weighed on sentiment while Beijing’s bond boost eased
Demand for EVs is growing, but the scrapping of an EV partnership between GM and Honda, plus a warning from China's top battery maker suggest the transition may be slower in 2024
The developer missed an interest payment on another bond in August, as it follows the downward spiral of dozens of its peers, including Evergrande
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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