Latest: Asia Stock Market News
CNOOC has hired JPMorgan to advise it on a potential exit from its US shale gas assets, which could raise $2 billion. It is also in talks for the sale of its Gulf of Mexico assets
Asian share markets mostly rose on Wednesday but oil and the dollar slipped as rising Covid-19 cases in China raised fears of fresh lockdowns
Fresh moves by Beijing to bolster China’s struggling property industry helped sentiment but the country’s worsening Covid situation capped gains
Chinese firms raised $71.2 billion, putting them far ahead of the $17.3 billion raised by US companies' listings and European firms' $16.4 billion from IPOs this year
Beijing is propping up its slowing economy by keeping money rates low. On Monday China's central bank drained 170 billion yuan on a net basis via seven-day reverse repos
"We cannot give authoritarian regimes any chance to exploit our vulnerabilities and undermine us," NATO chief Jens Stoltenberg said
With new Covid lockdowns imposed in Beijing and Guangzhou, investors were in pessimistic mood about China’s economic prospects
Plans for the new facility in Arizona are not completely finalised but it will produce advanced 3-nanometre chips, founder Morris Chang said on Monday. He plans to attend the launch.
The Asia-Pacific market should benefit all nations and protect global supply chains, Xi said
"China has 28% of the greenhouse gas emissions at the moment. So they must also contribute to dealing with the damage," German Development Minister Svenja Schulze said
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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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