Latest: Asia Stock Market News
The yen has hit 24-year lows - beyond 135 to the dollar - this week and rising bond yields have pressured the Bank of Japan yield curve control
The Nikkei scratched out a small gain but most of the region’s markets fell back as fears of recession dominate the outlook
The fundraising comes amid increasing volatility in global financial markets roiled partly by concerns about China's economic growth
The Chinese sales contributed to a drop in overall foreign holdings of Treasuries in April that helped propel yields higher
Prospects of a surge in take-private deals come against the backdrop of the industry's damage from the Covid pandemic and its disruption to travel and tourism
The US Federal Open Market Committee raised the short-term federal funds rate to a range of 1.50% to 1.75% to stem a disruptive surge in inflation
High commodity prices contributed to a surge in imports, which soared 48.9% in the year to May, Ministry of Finance data showed
There's speculation the prospect of significant US interest rate rises and the yen’s slump may force the Bank of Japan's hand on policy tightening
Observers say speculators betting on a Bank of Japan capitulation amid tightening at other global central banks have been attacking the bonds
The threat of a harsh rate hike by the Fed saw a dark cloud settle over the region’s markets, though China traders were buoyed by positive May factory numbers
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
