Latest: Asia Stock Market News
The US treasury secretary said she also told Chinese officials they could raise concerns about US actions, and that Washington might "respond to unintended consequences" of its restrictions
The US sanctions-hit tech giant said it aims to help clients build and train their artificial intelligence (AI) models with its homegrown processors and framework
China’s economic czar He Lifeng made the comments in a meeting with Janet Yellen, which saw the US treasury secretary double down on chip sanctions, while also urging 'direct' communication
The announcement came a day after the group was fined $984 million in what is likely to be the end of a years-long regulatory crackdown on the once storied Chinese company
Glaciers at the source of some of Asia's biggest rivers are melting faster, with glacial lakes getting bigger and more likely to collapse and create 'outburst floods', a new report says
The South Korean tech giant estimated its Q2 operating profit fell to $459 million, the lowest for any quarter since the first half of 2009
About a dozen Chinese firms, including Tencent Music Entertainment Group, Didi Global and NetEase, are likely to be inspected in a fresh round of routine checks
Yellen expressed concern about "unfair" and "punitive" actions against US companies in China after a meeting on Friday with US business representatives in Beijing
Asian investors recoiled on Friday as the spectre of another round of central bank tightening cast a shadow across trading floors
The penalty will pave the way for fintech giant to become a financial holding company and eventually allow it to revive its plan for a stock market listing.
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
