Latest: Asia Stock Market News
TSMC announced on Tuesday it would more than triple its planned investment at its Arizona plant to $40 billion
The bleak data also underlined the impact of fresh Covid restrictions across many Chinese cities including manufacturing hubs Zhengzhou and Guangzhou
The US President's visit follows the Taiwanese chipmaker’s move to more than triple its planned investment in the factory to $40 billion
Emerging market currencies have outperformed their developed market counterparts this year and analysts say signs point to a broader turn in dollar sentiment
Strong US economic data sparked worries the Fed might stick to its aggressive rate hikes policy for longer while Beijing’s pandemic rules rollback raised optimism
Japan is one of the most competitive car markets in the world and is still seen as a stronghold for fossil fuel-powered vehicles
Analysts predict China may now re-open the economy and drop border controls sooner than expected next year, with some seeing it fully open in spring
Hong Kong’s Hang Seng surged more than 4% as investor optimism was boosted by Beijing’s moves to recoil some of its economically painful pandemic restrictions
China's currency rose to its strongest level in two months – to below 7 per dollar – on Monday, on expectations the US Fed will cut its interest rate hikes, while Beijing eases its zero-Covid policy
The Caixin/S&P Global services purchasing managers' index (PMI) fell to 46.7 from 48.4, marking the third monthly contraction
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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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Market InsightsChina’s Covid Infections Rise Further as Outlook Darkens
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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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