Latest: Asia Stock Market News
Authorities in China approved 7.1m tons of new steelmaking capacity in the first half, but it was all cleaner scrap-based electric arc furnace projects, researchers say. Meanwhile, the US has imposed tariffs on Chinese steel imported via Mexico
TSMC, which is the world's largest contract chipmaker, has been one of the top beneficiaries of soaring demand for AI-capable chips
Carbon removal — which researchers say is essential to achieve net negative CO2 emissions — is yet to gain ground in India as officials remain focused on carbon capture and storage
The tendency of AI machines to invent facts, sources and details may prove a serious problem and cause it to have few viable outcomes, one analyst has warned
Six-month inquiry by a Chinese industry group will assess if Chinese firms lost business in Europe due to invesigations carried out by Brussels
Concern has risen that foreign auditors have not been doing enough to uncover illegal corporate activity, based on a huge scandal at China Evergrande, which was found to have inflated its revenue by vast sum
Consumer prices rose in June for a fifth month but was below expectations, while producer prices were undermined by deflation and weak demand
India plans to begin work on dams in the northeastern Himalayan state Arunachal Pradesh, amid reports Beijing may also construct dams on the Brahmaputra river
Miner considering JV and a copper smelting base in China, as many western consumers will no longer buy metal of Russian origin since Moscow invaded Ukraine
Exports were up by 23.5% from a year earlier to $39.9 billion – its eighth consecutive monthly rise, the finance ministry said on Tuesday
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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
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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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