Latest: Asia Stock Market News
The People's Bank of China has held rates steady with a struggling yuan and widening bond yields the key factors in the central bank’s decision to stand firm
In contrast to the rupee, other Asian currencies were mostly higher after US Federal Reserve chairman Jerome Powell struck a moderately dovish stance
New rules could dampen Chinese interest in listing in Europe, say bankers, after Beijing made the fundraisers liable to national security reviews
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
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
