Latest: Asia Stock Market News
Chinese oil giant CNOOC surged 44% in its Shanghai debut on Thursday, after raising 28.08 billion yuan ($4.41 billion) in a public stock offering
Do Duc Nam was accused of colluding with executives of two local companies, Louis Capital and Louis Land, to manipulate the companies' share prices
Markets were surprised by central bank’s caution knocking optimism over Beijing’s pledges to support China’s slowing economy
As most shipments were contracted before the invasion of Ukraine, any cut to Russian oil purchases due to worries about sanctions would only be reflected in data due for release in May
Though deputy chief cabinet secretary Seiji Kihara repeated Tokyo's common refrain that sharp moves in currency rates were undesirable
Lee, the former No.2 official of the Asian financial hub, is set to replace chief executive Carrie Lam on July 1 with backing from Beijing
Total revenue in the January-March quarter surged 32.1% from the same period last year to 501 trillion rupiah, while spending fell 6.2% to 490.6 trillion rupiah
The government in Indonesia, which is the globe's top palm oil producer, has faced pressure to control rising cooking oil prices
But falls were limited by China surprisingly keeping its benchmark lending rates steady for the third straight month at its April fixing
Miner records 6.2% year-on-year decline in production to 71.7 Mt, warning of risks from rising inflation, war in Ukraine and China’s Covid-19 lockdowns
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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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