Latest: Asia Stock Market News
The creditors’ opposition to the proposal could be a major problem for the ailing property giant and China’s crisis-hit real estate sector
Sources say China's biggest developer, which went into default in October with debts of $190 billion, has hired Kroll to do a liquidation analysis; it could be the second giant builder to go under
The Chinese president also warned his Dutch counterpart against restricting chip ties with Beijing, amid increasing pressure from the United States
The e-commerce giant has abandoned plans to list its cross-border logistics unit and is offering minority shareholders of Cainiao a chance to sell their stock for $0.62 per share
Japan’s currency slumped to a 34-year low on Wednesday while China’s yuan was also feeling the strain
A US Treasury warning of secondary sanctions has sparked concern among banks in China, Turkey and the UAE, delaying payments for Russian oil
Sources say the meeting was deliberately scheduled separately from the China Development Forum held this week, where an event between Premier Li Qiang and visiting foreign CEOs was axed
Beijing on Tuesday accused the US and Britain of slandering and smearing China and urged them to stop politicising cybersecurity, and imposing unilateral sanctions on the country
Investors were distracted by China’s continuing economic struggles and looming US inflation figures
US chipmakers Intel and AMD, plus software giant Microsoft are likely to be hit hard as China ramps up its push to replace foreign tech with locally made products, analysts say
In This Section
AF Market Insights
-
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
-
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
-
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.
-
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
-
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.
-
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.
Asia Financial is owned by Capital Link International Holdings Ltd, 902, Wilson House 19-27 Wyndham Street, Central, Hong Kong. www.capitallinkintl.com
