Latest: Asia Stock Market News
The Caixin services Purchasing Managers' Index (PMI) dived to 42.0 in March from 50.2 in February, dropping below the 50-point mark that separates growth from contraction
The government will authorise a further 100 weekly flights to the US, Europe, Thailand and Singapore, where quarantine exemptions and visa-free entry are possible
The state-run utility, which produces over a quarter of India's power output, will import 16 million tonnes to blend with domestic coal during the year ending March 2023
Sequoia's local managing partners will remain in charge of the firm's other regional divisions with Neil Shen set to continue to lead business in China
The pace of contraction slowed compared with the previous month, however, signalling domestic demand was helped by easing pandemic curbs
Musk on Monday revealed a 9.2% stake in Twitter but filed as a passive shareholder, avoiding detailed financial disclosure
There has been a “loss” of about $1.23 billion across the web3 ecosystem in the first quarter of 2022, according to a report by Immunefi
CNBC asked analysts from Goldman Sachs and JPMorgan Asset Management which Southeast Asian markets were their top picks
Asian equities witnessed steep foreign outflows in March, hit by worries over higher inflation as commodity prices soared due to the Russian invasion of Ukraine
Some 41 Sri Lankan MPs walked out of the ruling coalition on Tuesday, leaving the Rajapaksa government in a minority in parliament as it struggles with the worst economic crisis in 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
