Latest: Asia Stock Market News
For November alone, bilateral trade between the two nations rose to $21.5 billion, the highest since February 2022 when the Ukraine war began
Protests were staged in Hangzhou last week over Wanxiang Trust missing payments on investment products that are said to total several billion yuan
The rating agency was reportedly worried over a possible backlash to its announcement targeting employees in Beijing and Shanghai
China says the US Treasury's move to block tax credits for electric vehicles if they have batteries or other parts from China violates world trade policies
Investors were playing the waiting game on Thursday, ahead of key jobs data out of the States and looking for signals from the US Fed on rates
European leaders meet President Xi in Beijing for talks on their huge trade imbalance, to EV subsidies, plus the bloc's push to 'de-risk' from China. Both sides were low on expectations
Chinese officials acknowledge strong rationale for change but baulk at taking decisive moves that may disrupt social stability and burden indebted cities with added costs
Both Indian benchmark indexes registered record closes for a third straight day on Wednesday, backed by a dream run in technology, energy and financial stocks
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
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
