Latest: Asia Stock Market News
Hong Kong Monetary Authority buys HK$12.819 billion ($1.63 billion) from the market during trading hours in New York to stop the currency from breaking its peg to US dollar
Hong Kong Exchanges and Clearing Ltd (HKEX) is weighing opening global offices to woo companies and investors in Europe and North America
Shares in Japan, Taiwan, South Korea, Malaysia and Thailand all posted their worst weekly performances for some time as global recession fears gripped
UN warned that climate change is progressing exponentially and has already hit India and Pakistan particularly hard
At one stage, a series of demands from New Delhi, which sees itself as the champion of poor farmers and fishermen, appeared set to paralyse talks
Beijing also should consider lowering the profitability threshold for IPOs by tech firms and start-ups, Morgan Stanley Securities (China) CEO Jing Qian said
Honda, like rival Toyota, has been slow to shift to EVs and is under pressure from investors to make cars that are carbon-free and equipped with self-driving technology
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
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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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