Latest: Asia Stock Market News
The International Energy Agency expects world oil consumption to hit its peak in 2030 at 103 million barrels per day – a decade faster than initially predicted
The state-backed fund is looking to support various elements of the semiconductor supply chain, including “design, equipment, components and raw materials,” state media says
Rate-sensitive tech firms led the advances across the region with investors confident the US Fed’s next move will be a cut
Rating agency's downgrade of China outlook puts pressure on Beijing to impose more forceful measures to prop up stocks and stabilize the yuan
CEO Huang said the group's plan "is to continue to work with the government to come up with a new set of products that comply with the new regulations that have certain limits".
US Commerce Secretary warns chip sector that Washington is set to “transform” its approach to export controls to stop firms like Nvidia from innovating specifically for the Chinese market
Israel is investigating short-selling of shares in an ETF that tracks the country's stock exchange just before Hamas' attack on October 7, which researchers say could have reaped $100m
Investors were in cautious mood on Tuesday, shunning risk as China’s struggles distract and the wait for a turnaround in interest rates continues
Ratings agency cuts China's credit outlook, saying Beijing will have to support debt-laden local governments and state firms, posing risks to the country's fiscal and institutional strength
The move gathered momentum on Tuesday when a draft text emerged and research revealed that global CO2 emissions from burning fossil fuels are set to hit a record high this year
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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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