Latest: Asia Stock Market News
Japanese car giant said its operating profit plunged by 42% in the first quarter, after auto production was hit by Covid lockdowns and the global shortage of computer chips
The Hong Kong company, which provides loans and services to startups, briefly surpassed the value of Facebook-owner Meta
Investors across the region were in a cautious mood on Wednesday following China’s furious reaction to the US lawmaker’s visit to Taiwan
Experts say there could be major impacts, such as price surges, if Washington limits shipments of US chipmaking equipment to memory chip producers in China
Video games designer is in talks to spin off its China unit amid concern over foreign data storage and interest in expanding to the metaverse
The yen has risen by almost 4.5% over the five last trading sessions, reaching a high of almost 130.4 yen to the dollar in London on Tuesday
Chinese markets were among the worst hit, with Hong Kong and Shanghai both down 2.3%, Shenzhen off by 2.9%, while the Nikkei fell 1.4%
Japanese stocks had their best day in nearly two weeks, China equities advanced and world shares hit seven-week highs
HSBC plans to boost dividends rather than split the bank in two, saying any such move would generate huge one-off execution costs and could hit regulatory setbacks
The US Securities and Exchange Commission on Friday added Alibaba to a list of Chinese companies that could face delisting from US exchanges, triggering an 11% drop in its shares.
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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