Latest: Asia Stock Market News
Market analysts said the size of the rate cut and the timing were a big surprise, and they believe further monetary stimulus could follow.
Asian investors were in selling mood on Friday as several Fed officials called for action on fighting inflation, with talk of four or even five rate rises in 2022
China Evergrande reached a deal with bondholders to delay redemption and coupon payments for a 4.5 billion yuan ($707.52 million) bond
The deal includes retail banking and credit card businesses, but excludes the bank’s institutional businesses in all four countries
Steel production curbs imposed to combat pollution dented demand and pulled prices of the key ingredient off a historical high
The $508 million approved will cover the first quarter of 2022 and is almost entirely dedicated to funding government institutions
Hong Kong’s economic prosperity was tied to the Chinese mainland and the city would become a global hub for transactions in the yuan
Zuraida Kamaruddin, who oversees Malaysia's plantations, said a more assertive communications plan is needed to play up the positives
Since December 2021, 88 listed Chinese companies have changed accountants and auditors, offering various reasons for the switch
The lender can now support Qualified Foreign Institutional Investors, who have direct access to A-shares denominated in yuan on Chinese stock exchanges
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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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