Latest: Asia Stock Market News
At a mine in northern Shaanxi province, new technology developed by Huawei is helping to improve China's dismal mine safety record and boost efficiency
Recent data shows that China is supplying computer chips, micro-circuits and similar items estimated at around $500 million a month, as well as huge purchases of Russian oil and gas
Asian investors were in upbeat mood at the end of the week, lifted by positive reports from Meta, Microsoft and Google
Increasing use of the Chinese currency is expected to slowly create an alternative payment system - one that avoids the risk of US sanctions
Buenos Aires is hoping the move will relieve pressure on the country's dwindling dollar reserves but switch is still a coup for Beijing
Stock exchanges in Shanghai and Shenzhen had lost about $519 billion in market capitalization, while firms on the Nasdaq Golden Dragon index lost a combined $31 billion
US lender First Republic Bank’s struggles continued to unsettle investors already fearing an economic downturn
Beijing has been pushing hard for the yuan to be used over the US dollar to settle cross-border trades but its use in global finance remains low
The move comes amid repeated warnings from Chinese officials of a severe and complicated situation for foreign trade as export orders plunge
Pony.ai started driverless testing in Guangzhou in June 2021 and has accumulated nearly 200,000 fee-charging robotaxi orders globally as of this month
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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
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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