Latest: Asia Stock Market News
The moves followed reports that South Korea's Star Group Industrial, which supplies magnets to VinFast and Hyundai, is investing $80 million in a new factory in Vietnam
Officials expect "significant" economic impact after Hong Kong said it would join mainland China in banning most Japanese seafood from Thursday, when treated water from the damaged Fukushima nuclear plant will be released into the sea
Secretary of State Antony Blinken urges China to end its "repressive assimilation policies" that force up to a million Tibetan children to leave their families and attend state boarding schools
Markets in Asia rose after a week of declines, with the Hang Seng Index rebounding nearly 1% as beaten down China shares climbed up, while the Nikkei was up by a similar amount
The more than 300-page document mentioned "PRC" 130 times and "China" 222 times, as it outlined risks and uncertainties emanating from the ongoing chip war between Beijing and the West
South Korea’s Star Group Industrial and China’s Baotou INST Magnetic will join companies in sectors such as electronics and autos in shifting assembly lines amid backdrop of increasing trade rivalry
Multiple sources said earlier this year that Mintz was looking into the possible use of forced labour in supply chains linked to Xinjiang in days prior to Beijing's crackdown
The cash-burning company is currently worth $35 billion, down from $85 billion in its Wall Street debut, that valued the carmaker twice as much as Ford and General Motors
China's blue-chip index fell 1.24%, while the Hang Seng sank by 1.8% – to levels seen last November. Investors appear to have lost faith in Beijing's ability to restore economic momentum
Earlier this month, China called on all its citizens to be spies for the country, alarming the United States
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
