Latest: Asia Stock Market News
China's central bank argued that Silicon Valley Bank’s failure was partly the result of rapid interest rate hikes in Western economies
A former finance minister said China could give the green light to foreign capital participating in its financial markets
The new rules, set to come into force in July, have been described as “one of the most stringent emission standards around the world"
More positive signs of an economic bounceback in China also boosted sentiment on trading floors after a turbulent four days
Xi and Putin "will discuss topical issues of further development of comprehensive partnership relations," the Kremlin said
Government says Indian banks could offer a deposit-backed credit line to startups that had funds in SVB
"Ernie Bot is not a tool of confrontation between China and the United States," said Baidu CEO Robin Li.
Many Russian banks have been blocked from the SWIFT network due to Western sanctions over Moscow's invasion of Ukraine
"There's no question in my mind that, in the chip sector, globalisation is dead," TSMC’s retired founder Morris Chang said
The shockwave from the Swiss lender’s struggles was felt across the region’s trading floors with investors turning to bonds, gold and dollars
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
