Latest: Asia Stock Market News
The SoftBank Group-controlled firm trades at 45 times its 12-month forward earnings estimates, compared with investor darling Nvidia's 29.66
US Federal Reserve chairman Jerome Powell admitted he wasn’t confident enough had been done yet to control inflation
A global chip glut and Washington’s moves to limit China’s semiconductor industry weighed on SMIC, but the chipmaker shrugged off the revenue drop
China's biggest private developer expects to give key bondholders its cashflow projections by year's end, as part of the basis for the tentative restructuring plan, sources say
Ransomware experts said a prolific cyber gang with links to Russia accused of targeting hundreds of US firms is believed responsible for the attack on the Industrial and Commercial Bank of China
The International Monetary Fund cautioned continued weakness in the real estate sector and cooling consumer demand could hold back GDP
The financing pledge came on the same day as China’s CHEC announced plans to invest $1.56 billion in a port city project near Colombo
China’s real estate giants’ struggles to find a solution to their debt issues continue to cast a shadow over the world No2 economy’s recovery prospects
The world’s second-largest economy will account for more than 80% of the global solar manufacturing capacity through to 2026, according to a new report
Millions unable to get medical care, pay for goods or make calls, as 'technical breakdown' hit payment systems, banks, hospitals, and caused transport network chaos
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
