Latest: Asia Stock Market News
China's best-selling electric vehicle brand did not give a reason for throttling back on production and it was not clear how long it would last
China has been working on a more than 1 trillion yuan ($145.34 billion) support package for its semiconductor industry, amid tightening US restrictions
But investors across the region remained on edge with all eyes on the US Federal Reserve’s next move on interest rates
The planned exit contrasts with recent expansions in China by its US rivals BlackRock and Fidelity
Investors shied away from risky assets on Monday as the threat of a banking crisis in Europe weighed heavy on sentiment
The restructuring, worth $22.7 billion, is just part of Evergrande‘s total liabilities that amount to more than $300 billion
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
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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
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
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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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