Latest: Asia Stock Market News
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”
Wang Yi said Washington’s unrelenting trade curbs have come despite Biden and Xi pledging to work closer to find common ground
Researchers in Switzerland who evaluated three carbon capture techniques said the cost could be $280 to $580 a tonne, which was double some previous estimates
Tokyo’s benchmark ended its recent record run, falling back below the 40,000 mark, while Hong Kong and China stocks weakened too
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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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