Latest: Asia Stock Market News
The unit said it is looking to invest in technology startups in Web3, gaming and fintech – especially those in the metaverse, NFT, blockchain and e-sports
This is the first stock split by Amazon since 1999 and will give investors 19 additional shares for every share they hold. Trading based on the new share price will begin on June 6
Top executive says it's important to maintain healthy, peaceful, balanced relationships with big, powerful neighbours.
Asian Development Bank returns to US dollar bond market with the pricing of a two-year global benchmark bond worth $2.25 billion and a seven-year global benchmark bond worth $1.5 billion
Part of the 1.6 billion yuan ($253 million) will be used to stabilise output of winter wheat in five main production regions, including Hebei and Shandong provinces
The official Shanghai Securities News said that recent short-term disturbance in the A-share market was mostly driven by external factors and should not last long
The lender said it earned over 36.3 billion yuan ($5.7 billion) last year. Meanwhile, its revenue grew 10.3% year-on-year to nearly 169.4 billion yuan
Analysts predict more turmoil ahead for global commodities markets after Russia’s Ukraine invasion with nickel trading still suspended on the London Metals Exchange
Asian battery makers for electric vehicles are shielded from a big, immediate hit from surging nickel prices for now, thanks to long-term contracts and a diversified supply chain, companies said.
German sportswear giant forecasts an increase in currency-neutral sales of 11-13% for 2022, including risk to its business in Russia and Ukraine, with China to see a modest sales increase
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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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