Latest: Asia Stock Market News
The financing - which brought the company's valuation to more than $8 billion - was co-led by D1 Capital Partners and Spark Capital
The 4-0 vote to revoke the authority granted in 2002 is the latest move by the regulator to bar Chinese telecom carriers from the US over national security concerns.
BYD Semiconductor's IPO comes as global supply chains face a chip shortage, which originated in the automotive sector
The halt affects one or more of three companies being investigated by regulators - Zhong De Securities, ShineWing and King & Wood Mallesons
The dispute with China started in July last year when Lithuania allowed Taiwan to open a diplomatic outpost in Vilnius
"We are confident that with his vast experience, he will be able to lead Maybank in its next growth phase," Maybank's chairman said
The debut follows the official launch of Scotch & Soda’s first digital store on Tmall in China last autumn
Tata Group is expected to get full control of the airline after paying 20.7 billion rupees ($275 million) and taking over 150 billion rupees of debt
Other efforts include guaranteeing food and drug safety and strengthening supervision over the quality of industrial products
Evergrande shares slumped on Thursday after the developer's thinly detailed restructuring plan left investors dissatisfied, while its indebted peers also fell on concern over higher interest rates
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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
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
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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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