Latest: Asia Stock Market News
Venture capital and private equity firms in China are in a quandary after sweeping new rules on private education slashed the value of billions of dollars they'd invested in the sector.
Hang Seng Index has now given up more than 10% in three trading days; Tutoring and tech sectors targeted by Beijing – Tencent and Alibaba tumble
• China’s food delivery companies ordered to pay higher wages • Government insists on insurance for riders after public outcry ...
JPMorgan Chase says some education stocks now 'uninvestable'; Traders eyeing Apple and Amazon earnings figures due out this week
China’s plan to bar tutoring firms from making profits in core school subjects sent shockwaves through its private education sector and triggered a plunge in share prices of Chinese online learning platforms in the US and Hong Kong.
SGX forks out $125m for trading platform doing $17bn in deals daily; MaxxTrader has more than 100 banks, dealers and hedge funds on its books
Board will track web and cloud computing, big data services and AI firms; STAR market a science and tech-focused equities market established in 2019
• Country’s first tech unicorn valued at about $6 billion • Microsoft and GIC are among the firm’s backers ...
Chief Exec Abdul Farid Alias says bank is transitioning to ESG compliance; Lender to scale up existing green, social and sustainability bonds
OPEC+ to increase production by 400,000 bpd Talks restarted after UAE pullout put agreement on ice Will meet again in...
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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
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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