Latest: Asia Stock Market News
"The shelving is a surprise and makes us wonder if there are issues behind the scenes that we aren't aware of," one analyst said, but news that Jack Ma's family trust was selling shares likely also hurt the stock
Alibaba’s U-turn on its cloud unit spin-off plans knocked tech sector confidence while China’s ailing property sector also weighed on sentiment
Companies have been flocking to borrow from banks on the mainland because of their rock-bottom interest rates but most of the loans are for use on the mainland, in Hong Kong or bilateral dealings
US officials are investigating if Applied Materials broke sanctions by sending gear worth 'hundreds of millions' to top China chipmaker via a unit in South Korea in 2021 and 2022, sources say
The e-commerce outfit had unveiled plans in March to list its cloud business as part of the biggest restructuring in its 24-year history
A unit of Beijing-based automaker BAIC has proposed to make two versions of Xiaomi's first-ever electric vehicle — the SU7 and the SU7 Max
The automaker said it expects the car to touch an electronically limited top speed of 260.7 kmph but did not reveal an estimate on the range offered
All other members back US push for economies to boost opportunities for disadvantaged groups and incorporate clean energy and carbon-emission reduction goals in their trade policies
Tencent is the second large Chinese technology company to look for domestic alternatives to Nvidia amid tightening US sanctions
China's new home prices fell for a fourth month as the critical sector’s woes continued to distract investors across the region
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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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