Latest: Asia Stock Market News
"A few of the Russian banks are joining hands with UCO Bank and Yes Bank. It will be primarily rupee-basis trade, could be rupee-rouble or could be rupee-riyal," a government official said
The Indian rupee fell to a new low of 83 against the dollar on Wednesday as US interest rate rises pile pressure on Asian currencies
Imports rose by more than 40% for the fifth month in a row, hitting their highest ever level since data began in 1979, according to Japan's MOF
Asian shares continued their slide with investors losing their risk appetite and bond yields rising in the face of increasing threats of recession
Central bank unable to slow drop past key level, despite vow to buy 100 billion yen ($667 million) of state debt with 10-20 maturities plus another 100bn of bonds with maturities of 5-10 years
Falling prices and cooling demand in China, because of the prolonged crisis in its property sector, caused Rio to more than halve its interim dividend payout in July
Many of the region’s bourses tracked a Wall Street rally overnight but China’s markets slipped amid the CCP’s five-yearly summit
Tokyo dodges questions on whether it is already supporting its currency through ‘stealth intervention’ as US dollar’s surge continues
Investors across the region were boosted after the UK scrapped its proposed tax cuts while China shares dipped amid confusion over the release of key data
Cash has flown mostly out of the bond market, because of China's slowdown, but analysts say there are signs local money is being moved out as confidence in the country's outlook drops
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AF Market Insights
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China-US Economic TiesChina Stocks Delisting From US: Everything You Need to Know -
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China Stock Markets
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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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