Latest: Asia Stock Market News
Investors were restrained on Monday with all eyes on this week’s US Federal Reserve meeting and earning announcements from several tech giants
Japan is a major supplier of machines used to make leading-edge semiconductors that could come under new restrictions
Shares of Adani Transmission and Adani Total Gas plunged by 20% on Monday, while Adani Green Energy sank by 16%. That has put a dark cloud over the group's share offer
Android handset maker Vivo was the top-selling brand in the country, but its total shipments fell 25.1% year-on-year
Europe’s largest technology company said the measures were not expected to have a material impact on its 2023 financial forecasts
The world's third largest carbon polluter projects it needs $10 trillion to $15 trillion in investment to achieve net-zero carbon emissions by 2070
Netherlands-based ASML Holding, a key supplier to chipmakers, could see at least some of its $2.4 billion in annual sales to China affected by fresh curbs
Friday's stock market rout dragged shares of group flagship Adani Enterprises 11% below the minimum offer price of the record share sale
The Securities and Exchange Board of India will study the report by Hindenburg Research and add it to ongoing inquiries into the group’s foreign portfolio investors and use of tax havens
The Netherlands will restrict ASML from selling advanced chimaking equipment to China, while Japan would impose similar restrictions on Nikon Corp, media reports said
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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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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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