Latest: Asia Stock Market News
The new brand will be an addition to Yangwang, a premium brand set for launch in the first quarter of 2023 that it announced last month
The system has already been used by Russia following the imposition of sanctions on Moscow over the Ukraine war
The US has added dozens of firms to its trade blacklist in a bid to curb China's military, human rights abuses, and block suppliers of the Russian military
US regulators say American auditors have got the green light to inspect the books of US-listed firms in China for the first time, after trial inspections in Hong Kong several months ago
Despite the cryptocurrency sector’s recent troubles, the larger of the two funds has pulled in $53.9 million
Investors were in gloomy mood after the Fed signalled there will be more rate hikes next year even if the US economy goes into reverse
Xi wants China and Russia to transact more deals in rubles and yuan to insulate the two against future Western sanctions
The development means that Chinese tech giant Alibaba will not be able to buy Arm’s latest Neoverse V series, as its advanced capacity is blocked by US and UK export controls
Buffett has been trimming his stake in the electric vehicle and battery maker this year, with the first share sale reported in August
But investors remained cautious despite price rises apparently cooling in the US with central bank chiefs still to meet this week
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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