Latest: Asia Stock Market News
Analysts say there is renewed appetite for a global yuan as aggressive tariffs shake faith in the American currency and other US assets
China’s foreign ministry released a video on Tuesday that likened yielding to US President Donald Trump’s 145% tariffs to “drinking poison.”
China has granted tariff exemptions on US goods such as pharmaceuticals, chips and aircraft engines and has asked firms to identify critical goods they need levy-free
Private sector survey finds a sharp contraction in export orders, with firms lowering inventories as business optimism sinks to its third-lowest since 2012
Higher US tariffs on dozens of countries are due to take effect on July 8 unless deals are reached before a 90-day pause ends
Prices of goods posted from China valued under $800 will soar from Friday (May 2), when the "de minimus" trade loophole ends and new tariffs begin
"China's affected airlines and Boeing have suffered greatly," the Commerce ministry said, but other airlines say they're happy to take jets from Boeing if China no longer wants them
Beijing says it will take legal action if companies push ahead with $23bn ports deal, insisting that the takeover must be reviewed by its top regulator
For a third time in five days, Chinese officials have vehemently denied that they have had any dialogue with the US on striking a tariff deal
Working groups will discuss key issues in new trade talks, but Seoul must hold an election before it can make commitments on big energy projects and defence costs
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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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