Latest: Asia Stock Market News
Investors were in upbeat mood as plans for huge tech investments in Japan were unveiled and China traders snapped up AI stocks
VinFast could hit break even as soon as the end of 2024, the company's founder Pham Nhat Vuong told investors
The Chinese currency was flailing after poor data showed its economy’s recovery is running out of steam, dragging other currencies down with it
About 30 coal mines will close in India over the next three to four years "to pave way for forests and water bodies", a top official said, but that may be only a quarter of the country's mines
China investors remained in downbeat mood over data signalling a wobbly recovery while Japan’s exporters were lifted by a stronger US dollar
Futu Holdings and UP Fintech Holding will remove their apps in mainland China this week amid Beijing's intense focus on data security and limiting capital outflows.
The move by Buffett’s Berkshire Hathaway was revealed in 13-F filings, which showed several other big funds had poured in millions in the Taiwanese chipmaker
Hedge funds in Asia have been investing in China's top private education groups and US tech giants working on artificial intelligence, regulatory filings from the first quarter reveal
Tokyo’s benchmark Nikkei also hit its highest close in 18 months with investors drawn in by Japan’s strong economic outlook
Some 24 Chinese firms have changed auditors since 2022, according to an analysis of filings by Nikkei, which said many did that to avoid being delisted from US exchanges
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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