Latest: Asia Stock Market News
Five million foreign tourists have arrived so far this year, expecting to rise to 10 million by the end of the year, finance minister Arkhom Termpittayapaisith said.
The company plans to carry out the buyback in the next two to three months with the hope of supporting shareholders to improve their liquidity positions
Investors across the region were in downbeat mood on Friday distracted by soaring inflation and imminent US interest rate rises
China's yuan is not the only currency struggling in the face of the strong dollar with Japan’s yen and South Korea’s won also under pressure
An Indian government panel said the country should create a regulatory body for online gaming to tackle gambling and addiction issues
Investors were in limbo on Thursday, with bargain-buying and caution the balancing themes following Wednesday’s US inflation hit
Higher-than-expected US inflation sent the Nikkei and Hang Seng downwards with investors bracing for sharp rate hikes from the US Fed
Rio said it would invest $1.3bn to develop the Pilbara mine and hold a 54% stake, while state-owned China Baowu will hold 46% and invest $700 million
The Bank of Japan conducted a rate check on Wednesday, in possible preparation for currency intervention, Nikkei reported. The yen has falled around 20% so far this year.
Hopes that US inflation might be cooling were dashed on Tuesday deepening an already gloomy global picture
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
