Latest: Asia Stock Market News
Profits sank for 28 of 41 industrial sectors in January and February, the latest government data shows, with computer, telecoms and electronic equipment manufacturing hit by a huge 77% fall
China's foreign minister Qin Gang said the country will continue to provide a better business environment for global companies, including US firms
The Apple CEO is in Beijing to attend the China Development Forum, a government-organised event being held in full force again as the country emerges from its zero-Covid regime
The batteries will have greater energy density and perform better than lithium-ion phosphate batteries, the company's chairman said
While TikTok is not available in China, Chew's hearing was closely watched in the country, with many expressing sympathy for the short video app's chief
Japan’s Nikkei and Hong Kong’s Hang Seng both suffered as nervous investors shunned riskier assets on Friday
The Chinese tech giant lost access to the software in 2020 due to sanctions imposed by the US and saw its smartphone sales tank as a result
The country’s sole EV maker is gearing up to expand into the United States, where it hopes its two electric SUV models will compete with legacy American brands
The debt restructuring plan has not proven popular with Evergrande dollar bondholders, with one likening it to lending a bucket of rice and then being repaid back with two grains
The region’s investors didn’t know which way to turn on Thursday after the US Fed hinted at a softening on rate hikes but also stiffened its resolve on inflation
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
