Latest: Asia Stock Market News
Huge cloudbursts cause havoc in mountainous parts of India and Pakistan, while China has seen peak levels in 330 rivers in recent weeks
Indian Prime Minister Narendra Modi has promised to slash consumption taxes on a range of products, marking the country's deepest tax cuts since 2017
AI pioneer Sam Altman says the money being thrown at some players in the industry is 'insane' and 'not rational'
Asian tech giants say they will make data centre equipment in a factory in Lordstown, as part of the huge Stargate AI project
US Treasurer seen pressuring Tokyo with his remark the BOJ is 'behind the curve', reflecting Washington's desire for a stronger yen
Chinese manufacturers' profits face subdued demand and factory-gate deflation at home, while new yuan loans contracted in July for the first time in 20 years
Giant US hedge fund sold its entire holdings in about 16 Chinese stocks and two China-focused funds between April and June. Move puts a spotlight on concern about China stocks listed in the US
Foreign ministry hoses down concern over rocky bilateral ties, says purchases of US arms are still on course, despite differences on Russian oil and other issues
Group co-managing director Frank Sixt told analysts the $23-billion deal to sell 43 ports in 23 countries is still a chance of being approved with a major Chinese investor
The world's largest contract electronics maker reports a 27% rise in second-quarter profit, sees significant growth in third quarter as well
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
