Latest: Asia Stock Market News
Hong Kong’s Hang Seng surged more than 4% as investor optimism was boosted by Beijing’s moves to recoil some of its economically painful pandemic restrictions
China's currency rose to its strongest level in two months – to below 7 per dollar – on Monday, on expectations the US Fed will cut its interest rate hikes, while Beijing eases its zero-Covid policy
The Caixin/S&P Global services purchasing managers' index (PMI) fell to 46.7 from 48.4, marking the third monthly contraction
JPMorgan, Citi and BlackRock are among those who all now believe a recession is likely in 2023
A voice clip of Hui Ka-Yan was posted on social media on Friday just as rumours circulated that he had jumped off a building on the mainland, report says
The region’s major indexes ended the week on the back foot with reluctant investors staying on the sidelines
India plans to cut taxes, offer subsidies and other incentives to bolster ship building as part of a bid to reduce freight rates for manufacturers
HDFC raised $1.85 billion from the largest-ever bond issuance by an Indian bank on Thursday amid strong demand from long-term investors, and the State Bank plans a $1.2bn issuance on Friday
The US Fed Chair’s dovish tone boosted the mood on trading floors while Beijing showed signs it was ready to roll back on some of its strict Covid rules
With Beijing stepping up support for the property sector, some offshore bondholders are looking for bargains amid hope China's cash-squeezed property sector will recover from its brutal slide
In This Section
AF Market Insights
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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
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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
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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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