Latest: Asia Stock Market News
The move is China's latest effort to enable the internationalisation of the yuan and protect its economy from capital outflows and geopolitical risks
US officials have played down the prospect of a major breakthrough in China-US ties, but say Blinken's primary goal is to establish durable communication channels with Beijing
Xi has previously said China needs to seize opportunities to use AI to drive economic development, but has also cautioned about its risks
The move by Rome’s right-wing administration aims to curb Chinese influence on one of Italy's most storied companies, whose data-collecting technology in tyres it says is key to national security
Prior to sanctions imposed by the West, which cut Moscow off from international financial systems, Russia made the dividend payments in dollars
Nomura said on Friday it has cut its forecast for China's GDP growth this year to 5.1% from 5.5%, following similar moves by UBS, Standard Chartered, Bank of America (BoA) and JPMorgan
Japan has designated batteries for energy storage as important under an economic security law and earmarked close to $2.4 billion to support their supply and development
The investment, in a chip packaging facility in the Chinese city of Xian, will include buying packaging equipment from a Xian-based subsidiary of Taiwan's Powertech Technology
Central banks were the key drivers of investor sentiment with optimism high the US Fed will ease back on its rate hikes and China poised to offer more stimulus
Headquartered in Beijing, and established by Chinese President Xi Jinping in 2016, the Asian Infrastructure Investment Bank has been touted as a Chinese alternative to the World Bank
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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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