Latest: Asia Stock Market News
Asian shares dipped in subued holiday trade on Monday as fears lingered over the impact of the Omicron Covid variant. Airline traffic was disrupted in some states, but retail sales were healthy.
Vertex Venture Holding said its special purpose acquisition company (SPAC) received a letter from the Singapore exchange saying it was eligible to list.
Profits rose 9% on-year in November to 805.96 billion yuan ($126.54 billion), well off the 24.6% gain reported in October
China is keen to build a financial centre in the country's west by 2025, the central bank said on Friday, in a bid to support economic growth in the Chengdu-Chongqing region.
Listings around the world raised a record $594 billion in 2021, amid stock market rallies, yet investors were often disappointed with subsequent stock performances
Asia's traders were in holiday mood on Friday after studies suggested the latest Covid variant would not be as disruptive as Delta
Steelmaker has also filed suits against Toyota and Baoshan over its process under which motors can be rotated with less power by adjusting metal's composition and thickness
Consumer protection body in Zhejiang summoned five platforms including Alibaba's Taobao, Pinduoduo and JD.com over live-streaming irregularities during the Singles' Day shopping festival
Studies reveal variant leads to fewer hospitalisations, while positive US data added to the feel-good factor
The combined 2.05 trillion yen ($17.94 billion) in loans will be disbursed on Friday and mature in January 2023, the central bank said in a statement
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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
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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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