Latest: Asia Stock Market News
Asian markets were flat and uneven on Thursday, with shares down in China and weak in other regional exchanges
Joyy Chairman David Li and Xiaomi founder Lei Jun are teaming up for the deal because they feel the Chinese social media company is undervalued in the US market
The Hang Seng Tech Index fell 1.9% and China Evergrande Group plunged almost 7.5% after warning first-half profits may fall as much as 39%.
Hong Kong, Tokyo and Shanghai were flat on Wednesday, with analysts saying the focus is now on Fed chair Jerome Powell's speech this Friday
China's central bank boosts short-term funding to ease worries over tightening liquidity amid a faltering recovery, but real estate shares and other sectors were down
Executive who helped world’s largest asset manager convert the financial world to the new gold of green investing adds further to criticism of the trend he started
Delta variant threat to recovery boost hopes US central bankers will hold back on stimulus withdrawal; dollar rebounds from slump
Many IPOs in Shanghai and Shenzhen have been held up by a CSRC inquiry into intemediaries including Tian Yuan Law Firm in Beijing, China Dragon Securities and CAREA Assets Appraisal
While the Delta variant remains cause for concern, bargain hunting and Fed comment that hints at a slowing of taper plans help erode last week’s losses; bitcoin surges past $50K
Interbank money rates were up in China on Monday, amid tightness in cash conditions and worries over the hike in local government bond issuance following the recent Politburo meeting.
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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
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China Stock Markets
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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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