Latest: Asia Stock Market News
The world's second-biggest memory chipmaker said on Wednesday its operating profit rose 116% to 2.9 trillion won ($2.3 billion) in the January-March quarter
Ken Hu said the company faced an even more daunting year than in 2021 from geopolitics, the pandemic, rising commodity prices and fluctuating exchange rates
Officials raided a warehouse, seizing hundreds of fake Ferragamo's iconic Gancini belt and buckles after a producer's attempt to sell them on Amazon as originals
Net profit came in at about 31 billion yen, compared with a 155 billion yen loss in the same quarter last year related to the collapse of Archegos Capital Management
Shanghai Securities Association, Shanghai Futures Association, and Shanghai Asset Management Association said firms should operate continuously and guarantee funds and transactions
An exodus will hurt Shanghai's ambition to be a regional financial centre and could be bad news for foreign firms that expanded operations in the city over the past few years
Market attention has now jumped to China’s capital where authorities are in a race to keep a lid on the latest coronavirus outbreak
Investors are "ditching China on an unprecedented scale", because of Beijing's zero-Covid policy, the global rise in interest rates, and sanction risks from Russia's war in Ukraine, it says
New law restricts firms from releasing real-time data, which is a big concern for trading companies and logistics managers trying to follow supply chain movements
China’s worsening Covid situation saw its stock markets suffer their worst day in 27 months with investors worried over its impact on global supply chains
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China-US Economic TiesChina Stocks Delisting From US: Everything You Need to Know -
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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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