Latest: Asia Stock Market News
Investors are "ditching China on an unprecedented scale", because of Beijing's zero-Covid policy, the global rise in interest rates, and sanction risks from Russia's war in Ukraine, it says
New law restricts firms from releasing real-time data, which is a big concern for trading companies and logistics managers trying to follow supply chain movements
China’s worsening Covid situation saw its stock markets suffer their worst day in 27 months with investors worried over its impact on global supply chains
Lawmakers had questioned whether the foreign brokerages were making buy recommendations but actually selling TSMC shares
Sentiment was undermined by fears strict lockdown measures will spread to Beijing, after the capital required everyone living or working in Chaoyang district to take Covid tests this week
China's CSI300 index was close to a 23-month low on Monday, while the Hang Seng dropped 2.8% and the Nikkei fell 1.9%. Oil slipped 2.7%.
Officials in Beijing are on a "Covid-19 alert" and plan to test parts of the community in the Chinese capital after 15 new cases were found on Saturday, paper says
Toyota-backed tech firm gets a licence to operate 100 vehicles in Guangzhou's Nansha district. Rival groups are also testing self-driving cars in Shenzhen, Changsha and California.
Concern about rate hikes and war in Ukraine spurred investors to withdraw $15.2 billion, the biggest weekly amount since December 15, according to Refinitiv-Lipper data.
Taiwan has set its sights on playing a role in green energy systems to slash carbon emissions – and profit from the massive transition to cleaner power over coming decades
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
