Latest: Asia Stock Market News
Japan’s Nikkei ended the week on a two-month high but trading was thin with markets in Hong Kong and China closed
Prime Minister Ranil Wickremesinghe, who took office last month, has raised taxes to shore up government revenues and plans to cut expenditure
The Finance ministry said the sale was the biggest by a sovereign issuer in Japan's debt market this year, amid choppy global market conditions due to monetary tightening and geopolitical tensions
The Commodity Futures Trading Commission seeks "disgorgement of ill-gotten gains", civil monetary penalties and an injunction against further violations of the Commodity Exchange Act
The CPI rose 5.4% in May from a year before, according to Statistics Korea data, faster than the 4.8% rise the previous month and above the 5.1% tipped in a Reuters poll
China’s markets were lifted by easing Covid curbs and new stimulus measures but global recession worries cast a shadow over Hong Kong and Tokyo
Musk previously played down the risks of coronavirus, saying "the coronavirus panic is dumb" and children were “essentially immune”. He later contracted Covid-19 twice.
As well as chairing Hong Kong Exchanges and Clearing, the bourse's parent company, Cha also sits on the Hong Kong government’s executive council
Local governments will need to issue another $210bn in special bonds this month if they want to meet the cabinet's half-year goal
WM Motor's IPO document does not reveal the size of the deal but a listing would move WM founder Freeman Shen closer to his dream of mass-producing affordable EVs
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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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