Latest: Asia Stock Market News
The 4 billion yuan onshore bond will mature on April 1, 2024, but investors have a put option to sell back to the company on April 1 this year.
Arm's inability to audit the financials of the unit, which contributed about one-fifth of revenue last year, is a big sticking point for a blockbuster public offering.
Jakarta last week announced the tender offer to buy back nine outstanding bonds that will mature between 2023 to 2027 for a maximum cash consideration of $500 million
Tata Consumer said the plantation business would be included in its beverage and foods unit known for the Tetley and Tata Tea brands
Egypt is reeling from a surge in bread and flour prices after Russia's invasion of Ukraine closed off access to lower-priced Black Sea wheat
Over the past week, 15 companies seeking IPOs on Shanghai's tech-focused STAR Market have suspended listing applications, almost all citing impact from the epidemic
Hwee Bin Lim testified she received around $35 million as a return on an investment, but prosecutors say that money represented kickbacks
Lenders are facing a "severe business environment", China Construction Bank said, while Bank of Communications warned it was unlikely to deliver "satisfactory earnings"
A soft yen was long seen as a boon to Japan's economy, but the country may need to rethink a fundamental assumption of its economic approach
Russian Foreign Minister Sergei Lavrov is set to fly to India this week, sources said, amid talk that Moscow wants to boost trade and payment systems because of sanctions over Ukraine
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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
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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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