Latest: Asia Stock Market News
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
The company, which runs Foxtel, The Australian, the Herald Sun and The Daily Telegraph, said net income came in flat at $262 million
Life Insurance Corp of India's embedded value has been put at more than 5 trillion rupees ($66.8bn), an official overseeing what is expected to be the country's largest IPO said on Thursday
Facebook’s earnings woes dented Wall Street’s rally and dampened enthusiasm on Asia’s trading floors
Overseas markets are expected to recover after the lunar new year holiday and the Beijing Winter Olympics, Japan's top steelmaker said
Masazumi Wakatabe said consumer inflation may accelerate to 1% in coming months and could speed up more than expected as more companies pass on higher costs
Australian gaming firm Aristocrat needed approval from 75% Playtech shareholders, but less than 55% of votes were cast in favour of deal
The Sydney airport takeover, one of Australia's biggest-ever buyouts, was backed by 96% of proxy votes cast, but 20% of shareholders representing a 4% stake were against it
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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
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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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