Latest: Asia Stock Market News
The region’s indexes advanced off the back of positive US inflation data though China’s Covid woes continued to weigh
The onshore yuan was set to depreciate by 8.7% against the dollar for the year-to-date, its worst performance since 1994
Though the economy in 2022 grew at the fastest pace in decades, economists warned it is facing headwinds ahead, with weakening global demand having already impacted its shipments
Profits at large industrial firms fell by 3.6% in the first 11 months of 2022, data showed Tuesday. A further fall is seen for December before things improve in the first quarter of 2023
Stocks in Hong Kong, Shanghai and Tokyo all rose on Tuesday after Beijing dropped its quarantine requirement for inbound travellers; the US dollar also eased
Samsung's persistence with investment plans could help it take market share in memory chips and support its share price when demand recovers
Subway trains in Beijing and Shanghai were packed, while some major traffic arteries in the two cities were jammed with slow-moving cars
Taiwan assessed China had staged the military "provocation" to express anger at a new US defence authorisation law
Analysts have warned the world's second-largest economy is "entering the most dangerous weeks of the pandemic"
Tesla and its suppliers have been falling sick in the current wave of infections in China, posing challenges to operations at the plant
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
