Latest: Asia Stock Market News
The push is part of Prime Minister Narendra Modi’s aim to notch up annual exports to $1 trillion by 2030
Washington is also pushing the Netherlands to stop ASML from maintaining and servicing equipment it sold to China before the Dutch chip export curbs came into effect
Analysts warn that a full-throttled recovery is still not in the cards for China, and that "it is too early to conclude" that deflation was over in the world’s second-largest economy
The US Justice Department also said the bill forcing ByteDance to divest TikTok would put the government in a stronger legal position than if the app was simply banned
The slowdown has fuelled intensifying competition in China's EV market, led by a fresh round of deep cuts by Tesla-beating carmaker BYD
The liquidation of Evergrande is expected to take over a decade, and with many other developers in default, analysts expect the crisis to weigh on growth for a long time
TikTok and US representatives took shots at each other over everything from whether a new bill calls for a ban on the app to whether the ByteDance-backed firm should call on its users to push back against it
China looks set to install another 200 GW of solar power this year, while starting work on 80 GW of pumped storage projects, but not all the news is good
Shares across the region were in the green with optimism high that central banks are set to U-turn on interest rates soon
The European Commission said increasing imports from China risked injuring the region's carmakers at a magnitude "that would be difficult to repair”
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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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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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