Latest: Asia Stock Market News
Beijing's bid to hasten economic growth and raise funds to finance infrastructure may provide a boost to the emerging market for Reits
China's central bank said on Friday it will cut the amount of cash banks must hold as reserves, releasing about 530 billion yuan (over $83bn) in liquidity to bolster economic growth
Russia made a payment last week on two sovereign bonds in roubles rather than dollars, so it may be considered a default if not "cured" by May 4, rating agency says
China’s central bank kept its policy rates unchanged despite the hopes of investors worried about the economic cost of China's zero-Covid policy
Investment banking fees were down 43% at Citigroup, 37% at Morgan Stanley and 36% at Goldman as dealmaking appeared to sputter
Prime Minister Fumio Kishida also said the recent rise in domestic inflation was due mostly to the global spike in crude oil and raw material costs, rather than the weak yen
SAIL filed a suit at the National Company Law Tribunal claiming that Jaiprakash Associates pledged shares in the JV without its authorisation
The group has already invested in tech - it owns antivirus pioneer McAfee and software firm Landesk - but it remained unclear when it might make an offer
The move by the Italian company - following similar halts by Hershey and General Mills - is a further reputational blow for Sime Darby and for Malaysia
Musk's cash offer of $54.20 a share, which values the company at $43 billion, represents a 38% premium to Twitter's April 1 close
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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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