Latest: Asia Stock Market News
Stocks were up in Asia on Friday with South Korea enjoying the largest daily jump in 16 months, while tech shares helped lift markets in China, Japan, and Australia
The A$76 million ($52 million) investment would make Stellantis the company's second-largest investor with an 8% holding
The Chinese company, often compared with Spotify, was looking to raise up to $100 million
Chinese tech shares in Hong Kong rose after President Xi Jinping chaired a meeting that backed support for fintech firms. Alibaba jumped 6.4%, and Chinese automakers also shone.
Putin said Russia was discussing increasing the presence of Chinese cars on the Russian market as well as the opening of Indian supermarket Chains.
China plans to launch stock index futures and options based on the CSI1000 index, which tracks small caps listed in Shanghai and Shenzhen.
Toshiba shares rose 5.3% in Tokyo early on Thursday, outperforming a 0.8% rise in the benchmark Nikkei average
The country of 22 million people is struggling with its worst financial crisis in seven decades, unable to import essentials including food, fuel and medicines
Factory output grew at its slowest rate in three months, the au Jibun Bank flash Japan Manufacturing purchasing managers' index (PMI) survey showed
China tech firms listed in Hong Kong rose as much as 2% on state support for the fintech industry before shedding gains
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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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Electric VehiclesChinese Electric Car Maker Nio’s Shares Plunge on Short Seller Report -
Southeast AsiaCrypto Hedge Fund Three Arrows Falls Into Liquidation -
SemiconductorsSamsung Starts to Mass Produce Advanced 3-Nanometre Chips
AF TV: Market Analysis
Markets: The Big Picture
Despite 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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TransportIn Numbers: The Economic Impact of Shanghai’s Covid LockdownsStrict Covid-curbs have put 26 million lives on hold in Shanghai - China's most important economic hub. The resulting supply chain disruptions and revenue losses will spell fresh economic trouble for China, and the world.
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MarketsIMF Flags Stagflation, Growth Risks For AsiaInflation in Asia is starting to pick up at a time China’s economic slowdown is adding to pressure on regional growth
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Transport InsightsHere’s Why Tesla’s Shanghai Restart May Not LastTesla employees have returned to work at the giant’s Covid-hit Shanghai plant, and they aim to restart production with 1,000 cars a day after a stoppage of more than three weeks.
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