Latest: Asia Stock Market News
The plant will produce 50,000 tonnes per year of lithium iron phosphate (LFP) for cathodes, using lithium carbonate as an input
Investors were preoccupied with the prospects of the world’s leading two economies as well as concerns over the AI bubble bursting soon
More than half a dozen mainland-based equity, mutual and quant funds worth billions of dollars have set up operations in the territory in the past six months
Rice production for 2023 is set to log its largest shortfall in two decades, a report by Fitch Solutions has warned
The Chinese tech giant was cut off from software core to the company's operations by several successive rounds of US trade sanctions
The Apple CEO is in India to inaugurate the US tech giant’s first retail stores in the world's biggest smartphone market after China
Japan’s Nikkei and Hong Kong’s Hang Seng were on the front foot thanks to tech optimism but elsewhere China’s uneven recovery concerned investors
But TSMC is said to be concerned about rules that could require it to share profits from the factories and provide detailed information about operations to access those subsidies
Some 15 agreements were signed during Lula's visit to Beijing, including deals to cooperate on semiconductors, a satellite to monitor the Amazon and cyber security
Japan’s Nikkei ended an eight-day rally as its tech stocks suffered while Hong Kong’s Hang Seng also retreated despite hopeful signs for its technology firms
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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
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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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