Latest: Asia Stock Market News
Manila has scrapped a deal with China to fund and build three rail projects on Luzon and Mindanao islands, which were considered defunct even before Marcos Jr took office in mid-2022
A Hong Kong judge said a decision on whether to wind up the debt-laden developer would be made on December 4, so the firm needs a revised restructuring plan before that date
Oil prices are set to come under more strain while there could be a surge in Treasuries buying, easing pressure on stocks and other assets
Even the Bank of Japan, which has stuck to its ultra-loose policy despite price pressures this year, is now expected to abandon negative interest rates
September’s 11.9% year-on-year rise was a sign of continued recovery in market demand, said one analyst
Wang, who is in the US until Saturday, is also set to meet Biden's national security adviser, Jake Sullivan, at the White House
Traders were buoyed by signs of a turn in the tide on US prices while China’s industrial firms saw their profits extend gains last month
The Japanese investment bank’s joint venture lost $30.75 million last year, after losing $11.48 million in the previous year
The UK-based bank, which earns most of its revenue in Asia, lost $700m alone from its stake in China Bohai Bank
Police alleged on Thursday that the Chinese Long River crime syndicate laundered $143 million via Changjiang Currency Exchange, a large money transfer group with dozens of shops nationwide
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
