Latest: Asia Stock Market News
State-owned firm has held talks about selling more shares on Riyadh stock exchange as well as a secondary listing, possibly in London, Singapore or other exchanges
The agreement was the most detailed and assertive statement of Russian and Chinese resolve to work together to build an international order based on their interpretations of rights and democracy.
Hong Kong rose 3%, while Tokyo, Sydney, Seoul, Singapore, Manila, Bangkok and Jakarta were also up. Wellington and Mumbai dipped, while Shanghai and Taipei were still closed for holidays
GPIF managed 199.3 trillion yen of assets as of the end of December and its return on overall assets was 2.81% over the three-month period, it said in a statement.
Beijing's push for electric vehicles pays off with a jump in EV sales, but this has created fears of shortages in key metals such as nickel, cobalt and lithium.
The German supplier of construction materials said it may unveil more ambitious CO2 reduction targets in May
The Organization of the Petroleum Exporting Countries and its allies led by Russia agreed to a small increase for March, raising the collective oil production target by 400,000 bpd
Major assets that went public over the last year and are now trading below their listing price include Didi Global, Coupang and Auto1 Group
The stock dipped as much as 5% in after-hours trading after the vehicle manufacturer's fourth-quarter income fell short of analysts' expectations
According to Statistics Korea, online purchases totalled 192.9 trillion won ($160 billion) in 2021, up 21% from the year before
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
