Latest: Asia Stock Market News
The LKB & Partners law firm filed a lawsuit against Terraform Labs co-founders Do Kwon and Daniel Shin, the Seoul-based Munwha Ilbo newspaper reported
A shareholder ballot with 99.9% of votes in favour of the Blackstone buyout effectively ended one of Australia's most storied business dynasties
The fund's deputy managing director Kenji Okamura said the Covid pandemic, war in Ukraine and tougher global financial conditions would make this year "challenging" for Asia
The statement comes as oil prices rebounded from two days of losses in a volatile session, bolstered by weakness in the US dollar
The gain was much stronger than a 0.8% year-on-year rise in March, as the impact of mobile phone fee cuts fades
Tencent sank by more than 6%, Alibaba dropped 7.39%, while its e-commerce rival JD.com was down 3.7% and Meituan slipped by nearly 3.8%
China's economic slowdown and its crackdown on tech companies have been blamed for new stock listings in Hong Kong plummeting to a nine-year low
A Wall Street slump brought the mood down across Asian trading floors with Hong Kong tech firms like Tencent and Alibaba hit hardest
The bank said inflation would remain elevated in the near-term due to supply-side pressures while economic growth will also record a setback
The rupee weakened to about 198.39 to the dollar on Wednesday, the central bank said, a historic low that means it has lost almost a quarter of its value in the past year
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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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