Latest: Asia Stock Market News
Comparable sales in China declined 23%, reversing the rapid expansion there in recent years and overshadowing 12% growth in North America and 7% globally
The first quarter figure is the largest quarterly sum ever and more than double the level seen in the same period a year ago, according to data from Pitchbook
The Tesla head is also trying to talk private equity funds to pitch in for the $44 billion acquisition and reduce his need for loans, the Journal said
A Harvard tech researcher has questioned the view that China shot itself in the foot by cracking down on its tech giants, saying a closer look shows it could advance their national interests
The Weibo and WeChat accounts of Hong Hao, a prominent Hong Kong analyst, were blocked on Saturday after a series of downbeat comments amid China's stock markets slump
Hong Kong bucked the trend across the region finding some minor gains but Sydney, Seoul and Taipei suffered as fears over global growth and inflation dominated
HSBC shares added 1.85% in morning trade, outperforming a flat local market. Top investor Ping An urged the bank to look at options such as spinning off its Asian business
Shares plunged, then recovered, after CCTV revised a report to make clear the individual involved was not billionaire Alibaba founder Jack Ma
Concerns of rising raw material costs and supply chain bottlenecks weighed on manufacturing companies across China, Taiwan and South Korea
Sources say the $732 million of Life Insurance Corporation shares held back for key investors have been oversubscribed
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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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