Latest: Asia Stock Market News
Omicron infections are multiplying rapidly across Europe, the US and Asia, including in Japan where a single cluster at a military base has grown to at least 180 cases
China Mobile said in a prospectus it plans to sell up to 845 million shares at 57.58 yuan apiece, raising over 48 billion yuan ($8.8bn) before an over-allotment option is exercised.
Futures and options trading has been suspended for one year in chana, mustardseed, crude palm oil, moong, paddy (Basmati), wheat and soyabean and their derivatives by the Economic Affairs Dept.
Asian stocks and oil prices sank Monday on fears about the surge of Omicron coronavirus cases after the future of US President Joe Biden's massive social spending bill was thrown into doubt
The company has retained its goal of selling 1.5 billion shares but will now rely on cornerstone investors to buy $511 million, or around 67%, of shares, according to regulatory filings on Monday
Chinese property developer said it also did not pay a coupon totalling $105 million for notes due in 2023, 2025, and 2026, with the grace period for the first two already expired
Failure to make payments, followed by a string of credit rating downgrades of indebted developers, has roiled China's high-yield debt
The property crisis has started to ripple through to other critical parts of the world's second-largest economy
The precious metal has dropped 5% this year, even with investors looking for protection as consumer prices soar across the globe
Caina Technology, YiDong Electronics Technology and Ningbo Tianyi Medical Appliance will be listed on the Shenzhen Stock Exchange
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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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