Latest: Asia Stock Market News
Spike in fuel and grain costs clouds the outlook for many Asian economies that are reliant on energy imports
Bullock is an assistant governor at the Reserve Bank of Australia responsible for the bank's financial stability and has an oversight of the payments system.
Monetary policy is not the right tool, Mitsuhiro Furusawa said, brushing aside speculation that the declines might prompt a rise in interest rates.
That gave it the third-largest share of the central bank's reserves. US dollar reserves fell to 80.34% of the total from 86.03% a year earlier
The food security initiative had the backing of the G7 and will now be discussed with G20 nations, including China and India
A new study from the TheCityUK and BNP Paribas showed China accounting for 13.6% of green bond issuance between 2012 and 2021. The US followed with 11.6%.
The Japanese billionaire made the remarks to SoftBank leadership team at a recent meeting, according to people briefed on the discussions
India and Russia have finalised a rupee-rouble payment mechanism to get around western sanctions because of the war in Ukraine, according to industry sources.
Activity in Chinese manufacturing and services simultaneously contracted in March for the first time since the height of the country's Covid-19 outbreak in 2020
Asia’s investors were in a downbeat mood over dismal figures from China, Covid lockdowns and a lack of progress in Ukraine peace talks
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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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