Latest: Asia Stock Market News
The slide in Japan's currency has begun to spook big investors, and some are cutting bets that it will decline further, expecting that the government could step in to try and stop the fall.
Japan is to spend $24bn on support measures as inflation soars in the world’s No3 economy, while the yen’s plunge also has Tokyo worried
China stocks bucked the regional trend as persistent Covid-19 outbreaks darkened the economic outlook for the world's No2 economy
State internet shutdowns "cause significant inconvenience to local public at large," the Internet and Mobile Association of India said
Traders across the region were in downbeat mood with the US Federal Reserve and other central banks set to tighten rates again
Russian leader condemned the West's idea for a price cap on Russian gas, saying it would lead to price rises and that global demand for Russian energy was high.
China's top banks face narrowing margins as they’ve also been asked by Beijing to boost their lending to the country's struggling economy
The gloomy global outlook and Europe’s Russian gas crisis weighed on sentiment but there were hopes of more economic support from Beijing
India's current account deficits are expected to rise from 1.2% last year to 3.5% of GDP this year, according to Nomura, which said external sector risks remain elevated.
The move by Beijing is seen as a bid gain more leverage over some of the world's biggest mining conglomerates
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AF Market Insights
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China-US Economic TiesChina Stocks Delisting From US: Everything You Need to Know -
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China Stock Markets
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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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