Latest: Asia Stock Market News
US stock turbulence has thrown a spotlight on tech giants’ valuations amid a recent market pullback
OpenAI has, since 2015, raised more than $11.3 billion in seven rounds of funding, and has big backers like Microsoft and Sequoia, but its costs are also huge
Firms sign an MoU on building and using ammonia-fuelled vessels owned either by COSCO or both firms to cut emissions while shipping minerals
Officials say exports in July were said to have risen by 19% this month from 2023, while an index for industrial production rose by 11.2%
Hong Kong court on Monday gives giant debt-laden conglomerate nearly six months to finalise a rejig of its offshore debt, while Evergrande's EV unit may also face bankruptcy proceedings
Microsoft, Apple, Amazon and Facebook-parent Meta Platforms report this week while central banks in the US, UK and Japan also meet
US lawyers have rejected all arguments raised by TikTok, and told a Federal Appeals Court the law addresses security concerns, not free speech
The top five spots in the country are now held solely by Chinese smartphone makers — for the first time ever
Power consumption in China surged in the first half of 2024, but the country also expects another jump in installed renewable power this year
Faster-than-expected second-quarter growth in the US lifted the mood on most trading floors though there was also a post-typhoon Taiwan drag
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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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