Latest: Asia Stock Market News
"If we have a choice of either our people go to prison or we comply with the laws, we will comply with the laws," Elon Musk said in a BBC broadcast live on Twitter Spaces
The investment mogul described the Taiwanese chipmaker as a well-managed company, but said his investment group had better places to deploy capital
Analysts say China's latest military drills, held from Saturday to Monday, show Beijing is serious about being able to cut off the democratically ruled island in a conflict
Investors across the region were also keeping their powder dry ahead of a crucial US inflation report due out later in the day
The sale is part of a series of similar moves by Berkshire, which started selling its BYD shares in late August last year
The Kospi in Korea, the ASX 200 in Australia and the Nikkei in Japan all rose more than 1%; Hong Kong was also up, while Shanghai edged down slightly after more negative data on Tuesday
Companies that fall foul of the new rules, likely to come into effect sometime this year, could have their services suspended, face fines or even face a criminal investigation
Australia will suspend a case it lodged at the WTO, while China does a prompt review into duties imposed on the grain; there is hope also their dispute on wine can also be resolved
"Until our company's official announcement, any Ernie app you see from App Store or other stores are fake," the Chinese search engine giant said in a statement
April could see a good recovery in sales growth thanks to a low base in the corresponding period last year when China imposed strict Covid-19 lockdowns
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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
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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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