Latest: Asia Stock Market News
Investor confidence hit after drugs firm boss says current vaccines are likely to be far less effective against the new Covid-19 variant
The arrest of Alvin Chau is seen as ushering in a new era of zero tolerance towards gambling in China, where all forms are illegal. It has also dealt a heavy blow to the junket industry
The Omicron strain’s emergence saw Japan close its doors to international visitors while casino stocks plunged after the arrest of gambling chief Alvin Chau in Macau
Suncity's chief executive Alvin Chau is believed to be one of 11 people arrested by Macau authorities on Sunday over gambling on mainland China and money laundering
Fantasia Holdings suspends trading in company shares pending release of information after the developer said on Thursday a winding-up petition was filed against a unit over an outstanding loan
The BSE Sensex and Nifty50 benchmark indexes both fell almost 3% on Friday. The slump came days after the market rebounded from another steep decline on Monday.
Stocks and oil plummet after the identification of a more resistant virus variant leading to fears of new lockdowns hitting the global recovery
Tighter policy in developed economies is the single biggest risk to the 'bearish' emerging markets outlook, a survey showed
Bond yields rose, currencies weakened, and risk premiums edged up amid increased global inflation and the US Fed’s tighter policy
Financial secretary Carlos Dominguez is seeking investment in infrastructure, manufacturing, digital technology, renewable energy and R&D
In This Section
AF Market Insights
-
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
-
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
-
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.
-
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
-
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.
-
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.
Asia Financial is owned by Capital Link International Holdings Ltd, 902, Wilson House 19-27 Wyndham Street, Central, Hong Kong. www.capitallinkintl.com
