Latest: Asia Stock Market News
Developer wins a 3-month extension on maturity of a $260m bond, but it has scrapped a deal to sell a 50.1% stake in its property services unit to Hopson, so chances of it avoiding default look unlikely.
An office building, logistics park, plots of land and equity in financial companies are up for grabs
Hong Kong stock exchange filing says talks with Hopson Development Holdings were terminated last week
Wage figures from Johnson & Johnson, United Airlines and Netflix boosted sentiment while bitcoin closed in on a record high
Futures trading on Zhengzhou Commodity Exchange fall the maximum 8% for second consecutive day after NDRC vows market intervention
Noronha holds a 2% stake in Avenue Supermarts Ltd, which owns DMart, a chain of hypermarkets in India. He has helped Damani, the company founder, boost his wealth to over $20bn
Hong Kong and Taipei put on more than 1% each, while Shanghai, Tokyo, Seoul, Singapore, Wellington and Manila also saw healthy gains.
The bond market has responded positively to comments from China's central bank saying the spillover effects from Evergrande's debt woes on the banking system were controllable
Trading showed strong demand from investors in China for hedging tools amid market volatility - and a battle for derivatives dominance between Hong Kong and Singapore.
Soaring prices, energy crunches and a likely end to easy money all contributed to a less than energetic opening to the week’s trading
In This Section
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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