Latest: Asia Stock Market News
TSMC's new chairman has hailed hailed OpenAI CEO Sam Altman's $7-trillion plan to create new fabrication plants for artificial intelligence as "too aggressive for me to believe"
The clean energy sector was the biggest driver of China’s economic growth in 2023, contributing 40% of its expansion
Political factors may be involved in the crackdown, which comes as over a billion packages, averaging around $50 in value, are forecast to arrive in the US this year
'Carbon footprint management system' comes amid trade tensions with the EU and countries that may impose carbon border taxes. It will focus first on exports like steel, EVs and batteries
Focus in the region was on how Indian markets performed after stocks sank and the rupee slid a day before
Crackdown stems from junta's fear of financial collapse, after a plunge of the Myanmar currency and news its citizens were the second largest group of foreign buyers of Thai condos in the first quarter of this year
TSMC is currently prohibited from producing advanced processors for China, as it uses American chipmaking tools, and hence falls under the purview of recent sanctions
Five large corporates have severed ties with global accounting giant after claims it turned a blind eye to misconduct at China Evergrande - which it strongly denies
Modi is still on track to return to power in India for a rare third-term, but will now be reliant on alliance partners to stake a claim to form and keep running the government
Asian markets were generally subdued on Tuesday – except for India, where news that the Modi government may fall short of a big election win caused shares to sink
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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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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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