Latest: Asia Stock Market News
New report says the finance sector could face great disruption from AI, and that half the jobs in banking could eventually be made redundant
The 5nm application-specific integrated chip would be compliant with US export rules, sources say, with production by TSMC likely next year
Fire and rescue service personnel said 22 people - most of them Chinese workers – were killed when the factory exploded in an industrial area near Hwaseong
The EU and Beijing will discuss tariffs imposed on Chinese EVs, following a visit by Germany's economy minister, who had "very open" and "blunt" exchanges with his counterparts
The key to Chinese carmakers’ success has been a massive EV boom in a region, now seen as the "world’s hottest market” for battery-powered vehicles
Deadly heatwaves scorched cities across Asia and the northern hemisphere this week, with hundreds dying on the Haj pilgrimage in Saudi Arabia
In a 99-page document submitted to a US court, TikTok and ByteDance argued the divest-or-ban bill was punitive, speculative and needed to be struck down
Germany's trade with China has been falling, while deals with the US have risen. In the first quarter, the US surpassed China as Germany's top trade partner, for the first time in eight years
Yuan drops to 7.26 to the US dollar, amid a flood of cash from the mainland to Hong Kong, while foreign equity investors have also withdrawn $4.5bn this month via Stock Connect
India has rejected many requests from China to allow direct passenger flights, with officials saying a deadly border dispute in 2020 continues to weigh on bilateral ties
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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
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
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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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