Latest: Asia Stock Market News
The Stock Connect scheme that allows foreigners to access China-listed companies has slowed this month to about $3bn from $9.2bn in January
The firm also plans to help establish a Russian production site for the drones which are similar to Iran's Shaheed-136 and can carry a 35-50kg warhead
The one-year-old Ukraine war and a ramp-up in the war of words between Beijing and Washington dampened the mood on trading floors
Several Chinese tech giants including Baidu, Tencent Alibaba and JD.com are rushing to integrate AI chatbot technology into their products
Some TSMC staff said they were reluctant to move to the US due to “potential culture clashes” and concerns around “difficult to manage” American workers
Users would become more dependent on the Baidu search engine once it is embedded with the AI-powered chatbot, company CEO Robin Li told reporters
An increasing number of China’s wealthy have set their sights on Singapore in an attempt to protect their riches from Beijing’s regulatory crackdowns
India is also pushing to avoid using the term "war" to describe Russia's invasion of Ukraine in official communique, G20 officials said
Investors were in subdued mood after Fed meeting minutes revealed a hawkish tone and the US and Russia continued to argue over Ukraine
Government plans to limit tax breaks for citizens with large superannuation funds, saying allowing citizens early access to funds before they retire is costing huge sums
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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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