Latest: Asia Stock Market News
IMF says it is "very concerned" over crisis as the heavily indebted country has little money left to pay for imports such as fuel, food and, increasingly, medicines
It was the steepest monthly percentage drop in foreign investors' holdings of CGBs since August 2015, Reuters calculations showed
Tokyo joined the US and European Union nations, which announced sweeping sanctions such as bans on importing coal and freezing the assets of banks and individuals
The firm announced a 16 yuan ($2.50) per share payout in an exchange filing, the most generous amount since the firm was listed in Shanghai in 2017
Axiom Space, a Houston company led by a former National Aeronautics and Space Administration executive, arranged the mission
The deficit could reach $130 billion for fiscal 2022 if crude oil bounces back to $130 a barrel and the yen trades at 120 against the dollar
The Central Bank of Myanmar ordered banks and other holders of foreign currency to convert these deposits into the local kyat currency
A US jury found Roger Ng guilty on all charges in the trial over the looting of billions of dollars from Malaysia's 1MDB sovereign wealth fund
The US dollar index strengthened on Friday, supported by the prospect of more aggressive Federal Reserve interest rate hikes. It has gained ground on many rivals over the past month
Samsung Electronics' flagship Galaxy S22 phone has taken a battering from reports of hobbled performance which has led to carriers halving its price in South Korea just weeks since its launch
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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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