Latest: Asia Stock Market News
Futures on treasury bonds rose after the announcement, aimed at fighting surging inflation, while the won barely moved against the US dollar
Fitch Ratings said has downgraded Sri Lanka's long-term foreign-currency issuer default rating, reflecting its view that a sovereign default process has begun
An Italian administrative court has ruled that a government veto on the purchase of seed producer Verisem by Chinese-owned...
BlackRock plans to launch its first product in China's $220 billion onshore exchange-traded fund (ETF) market later this year and has started hiring staff, sources say
Chinese investors were in downbeat mood as Covid outbreaks and weak imports dented sentiment while traders in Hong Kong and Tokyo shrugged off soaring US prices
Top offshore oil and gas producer is looking to sell operations in Britain, Canada and the US, because of concern the assets could be subject to Western sanctions, sources say
For most critical minerals, the US and western nations are minority suppliers with only modest capability to influence global markets, Citizens for Responsible Energy Solutions Forum said
The yen was trading at more than 126 against the dollar at one time, reaching the lowest level since May 2002
Former Hong Kong Monetary Authority chief Joseph Yam says US sanctions against Russia will undermine the dollar.
Many active fund managers, unfettered by index-tracking needs, have already dumped ADRs, or made the transition to Hong Kong shares
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
