Latest: Asia Stock Market News
Kojima, who became president in June 2021, would succeed CEO Toshiaki Higashihara, who would be appointed chairman, Nikkei Asia reported
But Nifty 50 components Tech Mahindra and Adani Ports slumped 4.2% and 2.3% respectively after posting disappointing quarterly numbers
Tight global supplies and geopolitical tensions in Eastern Europe and the Middle East have boosted oil prices by about 15% so far this year
The coffee chain missed estimates on adjusted earnings as wage and commodity inflation contributed to higher operating costs
The company's shares fell 2.5% on Tuesday after closing 4% higher at the end of Monday's trade in Mumbai ahead of the earnings announcement
The Future Fund reduced its exposure to stocks to 31% as it warned that inflation and rising interest rates could imperil future equity gains
The coronavirus viral load fell by as much as 80% after four days and three doses compared with those who took only a placebo
Third-quarter earnings figures contrasted with the previous year, which had benefited from high trading activity thanks to a massive injection of cash into capital markets by the Fed.
Study finds 56% of respondents plan to increase investment in crypto, while 59% would increase allocation if asset class was regulated
MyCC said it would use its powers to investigate any cartel or abuse of dominant power or monopoly activities
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
