Latest: Asia Stock Market News
China's biggest private developer says it faces default risks, while creditors prepared to vote on its proposal to delay payment for an onshore private bond; offshore creditors have in talks with a US law firm
The country's biggest lender, the Industrial and Commercial Bank of China, and the Bank of China posted profit growth of just 1.2% and 0.78%
If true, the development of a homegrown 5G chip would mark a win for China's local semiconductor sector, which has seen stock market gains of roughly 8% so far this week
The surprise move, which was part of a slew of measures to bolster the stock market and investor sentiment, threatens to close one of the few bright spots in the country's financial sector this year
Investors responded to range of cues on Wednesday as Sino-US tensions, rate hikes, China’s property woes and US data all weighed on sentiment
China responds positively to Commerce Secretary's blunt remark that US companies complained to her that China has become "uninvestible"
Shares of the still loss-making automaker have rallied more than 333% over the past five days, reaching a valuation of roughly $190 billion
Commerce Secretary has raised many important bilateral issues on her Chinese visit – from firms caught in the "chip war" to climate change and artificial intelligence
China’s policy makers’ market boosting moves boosted sentiment on trading floors but some analysts warned it’s still not enough
A record 38 QDII funds had been launched this year for Chinese investors seeking exposure to foreign assets
In This Section
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
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
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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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