Latest: Asia Stock Market News
Spot thermal coal prices for the Newcastle Port benchmark have soared 35% over the past week to a record $353.75 a tonne, stoked by supply shortages
The Hong Kong carrier, like rivals in mainland China and South Korea, is continuing to use Russian airspace on flights to Europe, according to flight tracking website FlightRadar24
Approval comes in the wake of reports that the initial share sale was set to be delayed to next financial year due to market volatility stoked by the Ukraine crisis
Producer price index (PPI) increased 8.8% on year, the National Bureau of Statistics (NBS) said, easing from 9.1% growth in January and slightly higher than analysts expected
The business, which serves mid-sized and emerging corporates, will place a majority of these hires in China, Hong Kong, India and Singapore
Companies that create inclusive cultures are tapping into the labour force’s full talent pool while benefitting from cognitive diversity, the research firm said
Chinese tax experts cite digitalisation, mergers and acquisitions and divestures and lack of guidance from authorities as primary drivers of disputes
Prices of thermal coal, typically used to generate electricity, have shot to record highs due to increased buying by Europe after sanctions on Russia
European diesel supplies have shrunk following the disruption caused by sanctions imposed on Russia in response to its invasion of Ukraine
Huge imports of the metal into China, much of it by speculators taking advantage of relatively low prices, consumed the market surplus in 2021, a global trade body said
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AF Market Insights
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China-US Economic TiesChina Stocks Delisting From US: Everything You Need to Know -
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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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