Latest: Asia Stock Market News
But TSMC is said to be concerned about rules that could require it to share profits from the factories and provide detailed information about operations to access those subsidies
Some 15 agreements were signed during Lula's visit to Beijing, including deals to cooperate on semiconductors, a satellite to monitor the Amazon and cyber security
Japan’s Nikkei ended an eight-day rally as its tech stocks suffered while Hong Kong’s Hang Seng also retreated despite hopeful signs for its technology firms
A smaller fine will follow its founder Jack Ma’s recent return to China after staying overseas for more than a year after a dramatic regulatory crackdown
"The energy, creativity, and passion in Mumbai is incredible!" CEO Tim Cook, making his first visit to India in seven years, said on Twitter
China reported higher-than-expected quarterly growth but that boost was offset by a slower-than-hoped output upturn and a property investment drop
China's March home price data and signs of a corporate earnings bounceback boosted the mood on Asia’s trading floors
Shares of India's second-largest IT services firm sink nearly 15% after it forecast revenue growth of 4-7% for the fiscal year ending March 2024, well below expectations
"This year will be the hardest for us," said one of the exporters at the trade event, expressing concerns about the weak global economy hurting business
Major Chinese cities have seen a rebound in home sales over the past month, as pent-up demand was unleashed after the roll back of stringent Covid curbs
In This Section
AF Market Insights
-
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
-
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
-
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.
-
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
-
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.
-
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.
Asia Financial is owned by Capital Link International Holdings Ltd, 902, Wilson House 19-27 Wyndham Street, Central, Hong Kong. www.capitallinkintl.com
