Latest: Asia Stock Market News
The plan for a US IPO is still officially on the table for Shein as it still prefers New York as its listing venue
The package is part of President Yoon Suk Yeol’s pledge to pour all possible resources into winning the "war" in chips
FDI into China has been on a downward trajectory since last year, plunging by double-digit amounts in every month since May 2023
"We can't cut ourselves off and we don't now want China to cut us off, so we have to do this in a systematic way,” a US lawmaker said
The debut gave Zeekr a fully diluted valuation of $6.8 billion, or about half the $13 billion it fetched after a funding round last year
US unemployment claims data stoked optimism around interest rate cuts this year ahead of next week's crucial inflation data
China’s largest contract chipmaker said revenue jumped as both domestic and global customers rebuilt inventories
Car exports jumped by 38% year-on-year to 417,000 units in April, after a 39% rise in March; but domestic sales were down nearly 6% from 2023
US insurance provider Porch Group is suing China Construction Bank in a US court for allegedly enabling a "massive fraud" that caused it multi-million-dollar losses
Hundreds of the world's top scientists say they expect 2.5C of global warming this century, or more - and dire consequences for humanity
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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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