Latest: Asia Stock Market News
Policy work has also been undertaken to assist foreign firms to resume activity amid the Covid-19 pandemic, government spokesperson Shu Jueting said.
China dependence on foreign sources of battery metals such as nickel, lithium and cobalt poses a risk to its electric vehicle industry, a metals industry official said on Friday.
This was the largest share listing in Hong Kong this year and raised $2.1 billion for China Tourism, which is a major duty-free network operator in mainland China
Hong Kong's Hang Seng index posted its biggest jump in nearly four months in a shortened trading session on Thursday, while China shares also rose. Markets elsewhere were mixed
The yuan rebounded Thursday from a two-year low against the dollar after a firmer-than-expected setting and news forex regulators phoned banks to get them to ease dollar buying
Shanghai Exchange said trading in 67 funds was halted on Thursday at the request of asset managers, as the southbound leg of their Stock Connect schemes was interrupted
The Shanghai Stock Exchange now requires 100% of proceeds from green bond issues to be invested in green projects such as clean energy, compared with at least 70% previously.
Markets fell in Hong Kong and Shanghai amid the bleak economic outlook in China, but shares edged up in Australia and India
Asian markets slid lower on Tuesday amid expectations of a further rate hike in the US, the slowdown in China, but financial stocks helped to pull India's Nifty 50 to a positive level
The latest firms to announce plans for capital raisings on European bourses include Joincare Pharmaceutical Group Industry Co. and Eastroc Beverage, China Daily reported.
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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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