Latest: Asia Stock Market News
Bargain buying pushed Japan’s benchmark even higher while Chinese chip firms were lifted by Beijing’s ban on Micron Technology products
Indians have been asked to deposit or exchange their 2000-rupee notes by Sept 30, 2023; the move comes ahead of state and general elections in the country when cash usage spikes
The country’s central bank says it is closely watching the yuan after it broke through the 7-per-dollar level on a stumbling economic recovery and a dollar rally
Trying to prove who had invested in foreign portfolio investors who then pumped money into Adani could be an arduous task, a court-appointed panel said
Japan’s central bank will remain an outlier, its governor pledged, and will continue with its dovish approach despite price pressures
The move is expected to boost manufacturing in the Chinese provinces of Heilongjiang and Jilin, as it will allow them to greatly reduce the distance they have to truck exports to a port
The show of solidarity from China's Central Asian neighbours contrasts sharply with the "negative" image of Beijing presented at the G7 gathering in Hiroshima
Japan’s benchmark was boosted by muscular domestic earnings and a weaker yen while Hong Kong’s main index struggled
The development comes at a time when the US is increasingly urging its allies to work together to counter China's chips and advanced technology development
A $2.6 billion share sale, if approved by China’s securities watchdog, would follow a capital raising rush by Chinese chipmakers in the face of US sanctions
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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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