Latest: Asia Stock Market News
China Life Insurance, plus oil giants Petrochina and Sinopec, and Chalco, which have a combined market cap of more than $300bn, will voluntarily exit US markets this month
Japan's benchmark Nikkei index hit a seven-month high on Friday while China and Hong Kong stocks were in retreat
About 200,000 tonnes of copper believed held at storage sites in Qinhuangdao port for Glencore and over a dozen Chinese companies is reportedly missing, the report says
China Tourism Group Duty Free Corp aims to raise up to $2.16 billion in a listing due to launch on August 25. It will be the biggest listing in Hong Kong this year.
A source close to the Chinese insurer, which pushed for the Asia business spin-off, say HSBC’s biggest shareholder thinks the bank overegged the consequences
Asian shares pushed higher on Thursday as investors bet on the pace of interest rate hikes slowing after data pointed to US inflation peaking
"The optimism came on the back of a US consumer inflation rate that eased in July after hitting the peak a month before," Prashanth Tapse, a research analyst at Mehta Equities, said.
Companies in India use the UAE dirham, the HK dollar, yuan or euro when buying Russian coal, in a bid to avoid the dollar and US sanctions, according to customs data and industry sources
The transaction ''will further strengthen our defence against the severe market environment," SoftBank said.
Investors were in nervous mood ahead of the release of July’s US consumer prices report on Wednesday
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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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