Latest: Asia Stock Market News
The bank's China business in particular suffered branch closures amid ongoing virus restrictions, which drove an 18% decline in wealth management income
The central bank risks upsetting the public as the weak yen drives up the price of imported goods going into Japan's upper house election expected on July 10
BYD accounted for about 17% of the 3 million new energy vehicles (NEV) sold in China in 2021, China Association of Automobile Manufacturers data show
Hwang and chief financial officer Patrick Halligan are accused of artificially inflating the fund's portfolio from $1.5 billion to $35 billion in just 12 months
Nanjing-based Ostin recorded the best first-day surge for a debut share this year, according to Renaissance Capital data. Its stock closed at $39.66
The setback came as Sinopec reported an overall 25% rise in net income for the three-month period, a level last seen in the third quarter of 2020
South Korean electronics giant warns shortage of parts may continue this year
Chinese investors were lifted by signals that Beijing would prioritise growth but its markets are still set for their largest monthly fall since 2016
Poor sentiment has pushed down the country’s CSI 300 stock benchmark 10% this month, as investors and analysts warn of more losses to come
Hong Kong Exchanges and Clearing net income fell 31% compared with the same period the previous year to HK$2.67 billion ($240 million)
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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
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
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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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