Latest: Asia Stock Market News
The yen has dropped about 10% against the dollar this year and worsened inflationary pressures in Japan amid a spike in commodity and oil costs, and supply snags made worse by war in Ukraine
Stocks fell on most Asian markets on Monday amid continued concerns over rate hikes and China's slowing economy.
China Merchants Bank shares plunged the most in seven years after a report that said a bank executive was helping officials with an inquiry.
Traders bought the yen on Kuroda's comment, and helped push the dollar down by 0.22% to 126.28 yen on Monday
Unexpectedly strong GDP data for the first quarter of 2022, not heavily affected by China's worse Covid-19 outbreak in two years, also fails to lift the market
Brokerage and data provider E-House China said it continues to explore ways to secure the requisite funds to repay the 2022 Notes on the maturity date
Ride-hailing firm says it won't apply to list shares on any other stock exchange before the delisting of its American Depositary Shares from NYSE is complete.
Beijing's bid to hasten economic growth and raise funds to finance infrastructure may provide a boost to the emerging market for Reits
China's central bank said on Friday it will cut the amount of cash banks must hold as reserves, releasing about 530 billion yuan (over $83bn) in liquidity to bolster economic growth
Russia made a payment last week on two sovereign bonds in roubles rather than dollars, so it may be considered a default if not "cured" by May 4, rating agency says
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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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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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