Latest: Asia Stock Market News
Saddled with a huge foreign exchange crisis, Sri Lanka on Tuesday suspended servicing external public debt pending the completion of its IMF discussions
Taiwan's Pegatron, which assembles iPhones for Apple, has suspended operations at its Shanghai and Kunshan plants in China due to moves to control the spread of Covid-19, it said on Tuesday
Surging inflation, looming higher interest rates, supply chain bottlenecks and the Ukraine war are among factors that brought the market back to earth.
But the picture elsewhere was less hopeful as world stocks slipped to their lowest levels in almost a month
German auto parts supplier said on Tuesday it has suspended production at two sites in the Chinese cities of Shanghai and Changchun as it follows government policies to contain Covid cases.
Daily Journal Corp, the company where Warren Buffett's business partner Charlie Munger helps oversee investments, said on Monday it halved its stake in China's e-commerce giant Alibaba Group
China is encouraging long-term investors to buy more equities and major shareholders of listed firms to increase holdings when stocks slump, to stabilise a market rocked by the Covid outbreak.
Chinese stocks suffered their biggest fall in a month as Covid restrictions and inflation worries weighed heavily on investors
India‘s benchmark 10-year bond yield hit its highest level in nearly three years on Monday as investor sentiment turned bearish after a hawkish tilt from the RBI's monetary policy committee
President Joe Biden will talk to Indian leader Narendra Modi on Monday, at a time when the US has made clear it does not want to see a big uptick in Russian energy imports by India
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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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