Latest: Asia Stock Market News
The new finance minister is Lan Foan, a former governor of Shanxi province, while former defence minister Li Shangfu lost several senior positions
In a filing to the SEC, Nvidia noted five chips that will be impacted as the rules go into effect: the A100, A800, H100, H800, and L40S
Bonds totalling $137 billion will help counter growing impacts from climate change, as China continues to build new coal power plants; it will also boost the economic recovery, officials say
China has earmarked the funds for infrastructure, with the major stimulus move lifting the mood on the region’s trading floors
Shares rose slightly on markets in mainland China but dropped in Hong Kong, while Japan, Seoul and Sydney rebounded after three days of falls; Asian currencies edged higher
ASML detailed the chip technology theft, which happened in 2022, in part of its annual report in February this year
As many US firms weigh the risks of keeping their businesses within the factory floor of the world, others are dealing with a relentless operational dependance on China
Myanmar is edging closer to failed state status; its commerce minister revealed a "runaway trade deficit" last week, with exports over the past six months dropping to 46% of the previous fiscal year
Taliban officials have discussed joining China's Belt and Road scheme, plus possible road and rail links and mining deals, but analysts say there are no easy infrastructure options in Afghanistan
Police arrested the chairman of Vietnam Rare Earth JSC (VTRE) — a company at the forefront of the country’s drive to boost its rare earth industry and rival China
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
