Latest: Asia Stock Market News
News of the Evergrande payment helped buoy markets in China, while Tokyo, Singapore, Wellington, Jakarta and Bangkok were also in positive territory.
New Beijing stock exchange has approved applications from 10 companies to list shares next week, two months after President Xi Jinping announced the bourse for small and medium-sized firms
Supply chain snarls-ups and surging demand are pushing prices higher, worrying businesses and traders across the region
Sale comes three weeks after China raised $4 billion via a US dollar bond sale that drew robust demand
Group faces $148m in bond payments due on Wednesday and $255m due on Dec 28. Meanwhile, its EV unit says it plans to sell new shares to fund car production.
Climb highlights easier direct access to Chinese markets rather than through financial instruments listed in New York and Hong Kong
The London-based bank says it is exceeding its China wealth management hiring targets and is ready to re-enter India’s private banking sector
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"
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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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