Latest: Asia Stock Market News
Oil prices continue to rocket following Russia’s invasion and in afternoon Asian trade Brent rose as high as $113.02 and WTI peaked at $111.50
Analysts say there's no alternative global payment system to SWIFT that's strong enough to enable Russia to evade sanctions.
The transport and logistics company said it was offering customers "various alternative options of payment" for euro and US dollar transactions
Moody’s cut its rating on Shimao by two notches, to Caa1 from B2, and lowered its outlook to negative, down from “ratings under review”
Gulf producers have not committed to additional supplies for BPCL, as allocations for April loading are due to be finalised next week
Last month, Faraday said it had identified certain inaccurate statements made by its employees to investors and announced changes in its leadership structure
On Wednesday morning, the global benchmark Brent crude price rose more than 5.8% to $111.09, its highest level since early July 2014
The Asia-Pacific region is experiencing a growing demand for data centres, driven by accelerated digitalisation and increased localisation
The Public Utilities Commission said it was a "black day" for the island nation as it approved the rationing power stations running out of fuel
The company said the funds will enable it to expand to companies in Singapore and Australia and launching into new markets including India
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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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