Latest: Asia Stock Market News
While the pricing has not yet been set, analysts expect the IPO to potentially earn the government close to 75,000 crore rupees (about $10 billion)
Geopolitical worries have added another layer of volatility to an already-jumpy market as investors price in the possibility of escalating conflict between Russia and Ukraine
White House warnings of a possibly imminent Russian invasion of Ukraine reverberated through financial markets with stocks tumbling on Wall Street on Friday and oil prices surging.
The 7.5% leap in US prices last month was the fastest in 40 years and the news pulled all of Asia’s major markets into the red on Friday
Local financial media Cailianshe said Zhenro had denied market speculation it had plans to restructure its dollar bonds
The company's direct-to-consumer sales in China rose 35% in the third quarter, compared with an 85.9% jump in the second quarter
The recommendation, which sent Innovent shares down, raises concerns for other Chinese drugmakers seeking to bring products to the US market
The nation has been seeking to improve oversight of rich resources and President Joko Widodo last month revoked permits of over 2,000 companies due to poor compliance
Quarz has asked Mapletree North Asia Commercial Trust to negotiate an improved offer from Mapletree Commercial Trust, according to an open letter
The Hang Seng Mainland Properties Index rose 3%, versus a 0.3% loss for the main Hang Seng Index
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
