Latest: Asia Stock Market News
The shares, which have been suspended since October 21, sank nearly 40% in Asia opening hours to HK$0.23, a historical low
US stocks were mixed on Friday as investors digested payroll data – employment up by a less-than-expected 199,000 jobs last month – and its impact on Federal Reserve policy
GameStop stock rallied on Friday after a report that the videogame retailer plans to expand its non-fungible tokens (NFTs) marketplace and partner with crypto firms.
Hong Kong stocks ended the week on a positive note as traders shrugged off worries about fresh Covid outbreaks and the prospect of higher US interest rates
Domestic media and some market participants have warned of the potential demerits of a weak yen, which pushes up import prices and households' cost of living
IPOs by Vertex Technology Acquisition Corp (VTAC) and Pegasus Asia mark the first SPAC listings in Asia since the frenzy for such blank-check firms began in the US in 2020
The Widodo administration has revoked 2,078 permits because the holders failed to provide work plans, misused the permits or transferred them to other parties
Tech firms led the losses and Tokyo plunged almost 3% with Sony diving 6.9% and Tokyo Electron falling more than 3%
The conglomerate raised $1.5 billion in a 10-year tranche, $1.75 billion in a 30-year and $750 million in a 40-year deal
Chinese company aims to provide customers with more energy-efficient products underpinned by innovation to help tackle climate change
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
