Latest: Asia Stock Market News
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
China's markets are being buoyed by policy easing exactly as much of the rest of the world is tightening, says Goldman Sachs.
The calls come as global fixed-income traders sold about $35 billion worth of yuan-denominated bonds in the first four months of this year
The carbon capture project, situated at CNOOC's Enping Oilfield in the mouth of the Pearl River, will store carbon dioxide emitted during oil extraction
New construction starts measured by floor area plunged 30.6% in January-May from a year earlier, after a 26.3% fall in January-April
Overseas investors offloaded a combined net total of $145 million in South Korean, Thai, Indian, Indonesian and Malaysian bonds last month, data showed
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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
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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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