Latest: Asia Stock Market News
Investors remained on the sidelines bracing themselves for more rate hikes out of the US though recovery hopes boosted mainland China stocks
Shares of Adani companies rose on Tuesday after sources said the group was looking to repay or prepay debt of up to $790 million in March.
Risk-taking was in short supply on Monday with investors bracing for more US Fed tightening and superpower friction dampening the mood further
Competitors Alibaba and Baidu are also working on products similar to the viral chatbot, which so far remains inaccessible in China
The Bank of Japan’s chief vowed not to buckle despite core consumer inflation hitting a 41-year peak last month
The Stock Connect scheme that allows foreigners to access China-listed companies has slowed this month to about $3bn from $9.2bn in January
The firm also plans to help establish a Russian production site for the drones which are similar to Iran's Shaheed-136 and can carry a 35-50kg warhead
The one-year-old Ukraine war and a ramp-up in the war of words between Beijing and Washington dampened the mood on trading floors
Several Chinese tech giants including Baidu, Tencent Alibaba and JD.com are rushing to integrate AI chatbot technology into their products
Some TSMC staff said they were reluctant to move to the US due to “potential culture clashes” and concerns around “difficult to manage” American workers
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
