Latest: Asia Stock Market News
Covid curbs protests across several Chinese cities unsettled investors, pushing indexes down and sending the US dollar surging again
Evergrande expects to firm up debt restructuring proposals by end-February or early-March, lawyers for the developer told a Hong Kong court on Monday
The Chinese yuan fell to a more than two-week low on Monday as protests in China against Beijing's zero-Covid policies caused investors to back the US dollar.
Chinese stocks and oil prices fell sharply early on Monday, after protests in many cities against tough Covid restrictions, while the country posted another record high tally of Covid cases
China's central bank will offer loans with a rate much lower than the benchmark interest rate so financial institutions can buy onshore bonds issued by developers, sources say
The region’s major markets were weighed down by worries over China’s Covid fight and bad news on Japan inflation despite optimism on US rate hikes
President says the strike is holding the national supply chain "hostage" during an economic crisis, which is "unacceptable". Logistics disruptions have hit several sectors already.
Stellantis plans to produce dozens of electric models in the coming decade, but its CEO Carlos Tavares has said it could be five or six years before affordable battery EVs are created
US Federal Reserve meeting minutes revealed policymakers were hopeful inflation was being tamed and hinted at a rate hikes slowdown
CNOOC has hired JPMorgan to advise it on a potential exit from its US shale gas assets, which could raise $2 billion. It is also in talks for the sale of its Gulf of Mexico assets
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
