Latest: Asia Stock Market News
The debt-ridden developer said it hopes to extend its repayment deadline after "experiencing significant declines in its sales and operations"
Goldman Sachs estimates that $100 billion to $200 billion of foreign holdings could be at risk if global funds significantly cut their allocations of Chinese equities
Investors didn’t know which way to turn at the start of the week confused by contradicting speculation over the US Fed’s rate hike direction
The government will also review property rights for tokenised assets and explore legalising so-called smart contracts
Foxconn is Apple's biggest iPhone maker, producing 70% of iPhone shipments globally, which in turn makes up 45% of the Taiwanese firm's revenue
China stocks sank again on Friday, with CSI 300 Index falling 2.5% and the Hang Seng plunging 3.7% to hit new lows since 2008; most other Asian markets edged down
The Japanese government said on Friday it will create an extra budget worth $200.8 billion to fund a package to help households and businesses cope with rising living costs.
Officials have continued to fight the spread of Covid with lockdowns, mass testing and quarantines, which has hit economic growth and caused major disruption to businesses
Asian markets were mixed on Thursday with Chinese and Japanese stocks slipping ahead of an update on the US economy and an ECB rate hike decision
A total of 70 million smartphones were shipped from China to sellers in the third quarter, down 11% from 78.9 million from same period last year, research firm Canalys said on Thursday
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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