Latest: Asia Stock Market News
Erik Ryd's company, which makes intimate wear for Rihanna, Marks & Spencer and H&M, had capitalised on a pandemic-fuelled comfort clothing surge
Industry body Nasscom said revenue is estimated to rise by 15.5% to $227 billion in 2021-22, based on the performance of the first nine months
The news came as CATL, based in Fujian province, has been trying to ease investor concerns about the recent sell-off of its stock
Tokyo, Seoul and Manila advanced around 2%, while Hong Kong, Sydney, Wellington and Taipei leapt ahead too despite continuing rate hike fears
Kirin said the sale is part of its business portfolio review and that its business tie-up in China with China Resources Enterprise, its JV partner, would continue
Intel is paying $53 per share for Tower - which specialises in analogue chips - well above Monday's closing price of $33.13
Lygend Resources trades laterite nickel ore sourced from miners in the Philippines and Turkey, as well as nickel pig iron from Indonesia
Progress by emerging Asian nations in using local currencies in trade and investment has strengthened the regional financial safety net, the PBOC chief said
Industrial materials firm Syrah plans to add 180,000 square feet of real estate to its existing 50,000 square-foot Louisiana facility
BOC International global chief economist Guan Tao said Fed tightening may cut foreign capital inflows, shrinking China's trade surplus and helping stabilise the yuan
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
