Latest: Asia Stock Market News
The region’s major markets were weighed down by worries over China’s Covid fight and bad news on Japan inflation despite optimism on US rate hikes
President says the strike is holding the national supply chain "hostage" during an economic crisis, which is "unacceptable". Logistics disruptions have hit several sectors already.
Stellantis plans to produce dozens of electric models in the coming decade, but its CEO Carlos Tavares has said it could be five or six years before affordable battery EVs are created
US Federal Reserve meeting minutes revealed policymakers were hopeful inflation was being tamed and hinted at a rate hikes slowdown
CNOOC has hired JPMorgan to advise it on a potential exit from its US shale gas assets, which could raise $2 billion. It is also in talks for the sale of its Gulf of Mexico assets
Asian share markets mostly rose on Wednesday but oil and the dollar slipped as rising Covid-19 cases in China raised fears of fresh lockdowns
Fresh moves by Beijing to bolster China’s struggling property industry helped sentiment but the country’s worsening Covid situation capped gains
Chinese firms raised $71.2 billion, putting them far ahead of the $17.3 billion raised by US companies' listings and European firms' $16.4 billion from IPOs this year
Beijing is propping up its slowing economy by keeping money rates low. On Monday China's central bank drained 170 billion yuan on a net basis via seven-day reverse repos
"We cannot give authoritarian regimes any chance to exploit our vulnerabilities and undermine us," NATO chief Jens Stoltenberg said
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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