Latest: Asia Stock Market News
Values of Asian equities dropped to a 17-month low at the end of October on concerns over China's weakening economy and pandemic related factors
Markets in Asia mostly followed the lead of US markets, which are at record highs, but Tokyo, Sydney, Mumbai and Singapore edged down on Tuesday
CEO said the latest results, a net loss of $3.5 billion in July-Sept 2021, could be boiled down to one word – "Alibaba"
The economic recovery and Pfizer’s new Covid pill helped lift the mood on trading floors, though soaring prices continued to distract traders as well
Paytm's stock listing is expected to make it India's most valuable tech company with a valuation of about $20 billion.
US group's first exchange-traded funds tracking China's mega-cap index began trading on Monday. Armed with over $4 billion, they are set to rival the FTSE China A50.
The Paytm IPO aims to raise $2.46 billion with shares price at $28-$29, valuing the company at close to $19 billion
Musk's shareholding in Tesla is about 170.5 million shares and offloading 10% would amount to close to $21 billion based on Friday's closing price
Hong Kong led the selling with investors also keeping a nervous watch on developments in the China Evergrande saga as another deadline loomed on an overdue bond payment
Finance ministry says country will issue the three-year, seven-year and 12-year euro bonds in Hong Kong on November 10
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AF Market Insights
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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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