Latest: Asia Stock Market News
Beijing is desperate to rein in years of over-investment in infrastructure to prevent $12 trillion of local government debt from rising and weighing on the economy
If approved, the new measures will apply specifically to auditors that have been hired by domestic firms or are conducting cross-border work
Asian markets were mixed on Tuesday, with stocks in China flat, while shares in Japan, Korea, Malaysia and Australia rose
The Biden-Xi summit in San Francisco is likely to see a pledge to ban AI in nuclear weapons and autonomous weapons, sources have told the South China Morning Post
The arrest of a prominent Japanese executive in China has caused a chill in dealings; Japanese investment has plunged this year and many Japanese are too scared to even work in the country
Notorious hacking gang Lockbit claims the Industrial and Commercial Bank of China paid a ransom to resolve the attack on the bank's unit in the United States
The ride-hailing outfit’s three-month surplus was its first since 2021 when it was the target of China’s cyberspace regulator
Beijing's bid to upgrade manufacturing of high-tech goods like chips, solar panels, lithium batteries and EVs has led to concern the world will be flooded with an excess of such products
Asia’s major indexes largely advanced but China’s stuttering recovery and this week’s Xi-Biden meet saw many traders staying on the sidelines
The Biden-Xi talks on Wednesday will cover issues from Israel's war with Hamas, Russia's war with Ukraine, North Korea, Taiwan, the Indo-Pacific, rights, fentanyl, plus AI, trade and economic ties
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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