Latest: Asia Stock Market News
Zhongliang is struggling to repay notes worth $729m. Even if it wins approval to extend bond coupons by a year, it would need to pay an extra $1.25 million due to the weak yuan
China's imposition of tariffs and restrictions on metals, food, and energy is worsening the pressure on global inflation, says the Peterson Institute for International Economics.
Dennis Uy, chairman of conglomerate Udenna Corporation and listed Chelsea Logistics, plans to divest from a South China Sea gas field and a commercial land leasing company
Logjams have hurt Boeing's cash flow while debt has soared, raising fears among investors of a potential credit rating downgrade for America's largest exporter
Semiconductor Manufacturing International Corporation (SMIC) announced revenue of $1.8 billion in first three months ended March 31, a 16.6% rise from the previous quarter
The group said the Zijin Mining project is one of the many highly polluting Chinese investments undertaken "without necessary environmental and social due diligence"
Nissan has shifted its focus from "volume to value", shedding the emphasis on big sales numbers, often at discounts, that it pursued for years
Asia Financial's Future of Money index, a basket of 10 leading cryptocurrencies, has plunged 19% this week alone and is down 27% during the past month.
The sell-off was triggered by deepening investor worries over inflation and higher interest rates. Cryptocurrencies were dragged down, too.
The prospect of major rate hikes with US prices soaring sent the region’s markets into a tailspin with tech stocks like JD.com leading the plunge
In This Section
AF Market Insights
-
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
-
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
-
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.
-
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
-
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.
-
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.
Asia Financial is owned by Capital Link International Holdings Ltd, 902, Wilson House 19-27 Wyndham Street, Central, Hong Kong. www.capitallinkintl.com
