Latest: Asia Stock Market News
BOJ drops stimulus programme as the country finally emerges from deflation; central bank to end purchase of risky assets like ETFs and real-estate trusts
Hengda Real Estate said a CSRC probe found that it inflated revenues by $29.7 billion – half of the total – in 2019 and by $48.6bn in 2020
Beijing will vet IPOs more closely, 'severely punish' securities fraud, and also increase supervision of listed companies to ensure they give better dividends and don't 'worship money'
Dozens of South Korean companies have left China in recent years for reasons ranging from bilateral strains, geopolitical rivalry, plus China's economic slowdown and push for self-sufficiency
Several central banks meet this week though most eyes will be on Japan where the BoJ is widely tipped to end eight years of negative interest rates
Industrial output rose by 7% and retail sales were by 5.5% in the first two months, but analysts say the latest data was buoyed by the Lunar New Year break and structural problems may continue to limit growth
China's surge in exports of manufactured goods to countries all over the world is stirring a rise in trade restrictions and tariffs that is expected to intensify in coming years
Modi government agrees to Tesla push, says carmakers that invest $500m and set up a car plant within 3 years can import up to 8,000 EVs a year at 15% tax rate, down from 70-100%
Japan was also in the global market spotlight amid speculation that the Bank of Japan could exit its ultra-dovish monetary policies at its two-day meeting ending next Tuesday
Officials from two of China's most indebted provinces, plus the city of Tianjin, took part in high-level talks with state banks in Beijing recently to renegotiate billions in debts
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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
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China Stock Markets
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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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