Latest: Asia Stock Market News
Despite the cryptocurrency sector’s recent troubles, the larger of the two funds has pulled in $53.9 million
Investors were in gloomy mood after the Fed signalled there will be more rate hikes next year even if the US economy goes into reverse
Xi wants China and Russia to transact more deals in rubles and yuan to insulate the two against future Western sanctions
The development means that Chinese tech giant Alibaba will not be able to buy Arm’s latest Neoverse V series, as its advanced capacity is blocked by US and UK export controls
Buffett has been trimming his stake in the electric vehicle and battery maker this year, with the first share sale reported in August
But investors remained cautious despite price rises apparently cooling in the US with central bank chiefs still to meet this week
"There is no more time to waste on meaningless negotiations with a CCP-puppet company," Republican Senator Marco Rubio said
Investors were bracing themselves for more interest rate hikes from the US following the latest consumer prices report out of the States
Bankman-Fried was arrested in the Bahamas on Monday, at the request of US authorities, a day before he was scheduled to testify before Congress
The region’s indexes began the week on the back foot with worries over inflation and the US Fed’s next move distracting traders
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
