Latest: Asia Stock Market News
China and Hong Kong tech stocks fell after hawkish messages from the Fed on inflation and delisting risks for US-listed Chinese firms
Thailand's central bank said on Friday it is planning new policy guidelines for the banking sector, including virtual banks and open banking, for later this year
Yokohama Rubber said on Friday it plans to pay 265 billion yen ($2.18 billion) for all outstanding shares in Sweden's Trelleborg Wheel Systems, as it moves to expand its business
Shionogi & Co has signed an agreement with the government to supply a Covid-19 pill it is developing. Tokyo is considering buying a million doses of the drug pending regulatory approval
The benefit from a weak yen comes more through an increase in the value of profits companies earn overseas, rather than a rise in export volume
The 2022 list of industries that are restricted or prohibited has been cut to 117, according to a National Development and Reform Commission document, from 123 the previous year
The deal consists of a placement of about $700 million worth of shares to its parent company JD.com and about $400 million in a primary share sale
The Biden administration has been pressuring China to refrain from supporting Russia including by helping it counter Western sanctions and providing military assistance
NZME, which owns the New Zealand Herald, also said it was in discussions with Facebook parent Meta Platforms over various digital projects for next year
The city ranked third in the 31st edition of the semi-annual Global Financial Centres Index, produced by the China Development Institute in Shenzhen
In This Section
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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