Latest: Asia Stock Market News
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.
Shares slide on most Asian markets on Monday, as the dollar climbed, but shares rose in China after cuts in its benchmark lending rates
The plan being discussed by the two nations would enable the use of Russia's Mir cards at India ATMs and Point of Sale terminals, and India's RuyPay cards in Russia, said the report.
The onshore yuan opened at 6.82 per dollar and touched a low of 6.8308, the weakest level since Sept 2020, while its offshore counterpart fell to a near two-year low of 6.852
Some 25 out of 30 respondents in a snap poll predicted a 10-basis-point reduction in the one-year loan prime rate, which banks charge their best clients.
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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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