Latest: Asia Stock Market News
Investors turned to oil and safe-haven assets after Russian leader Vladimir Putin 'recognised' two rebel-held areas in eastern Ukraine and sent in troops
Investor worries over a possible new crackdown by Beijing set off steep drops in Chinese tech shares on Tuesday. Alibaba, Meituan, Tencent and JD.com were all dragged down
Russian stock indexes plunged and the rouble sank to near a two-year low after Moscow recognised Ukraine's two separatist regions and Putin sent troops into the Western-backed country.
Financial hub deploys a 'dynamic zero Covid' strategy similar to mainland China's, aiming to eradicate any outbreaks at all costs
Nervousness of possible disruption of exports from key oil producer Russia helps push oil prices to their highest since 2014
Russia is the second largest supplier of crude oil to China and its third biggest gas supplier. It is also a major oil supplier to South Korea, while it also sells coal to Japan, Vietnam and India.
The drop has been seen most in electronic hardware from free-trade agreement partners, the report said, and complaints of routing Chinese goods via Asean states
The shortage of spare parts, especially semiconductors, is affecting production and assembly operations by domestic automobile makers, a report said
AirPods, and iPhone and MacBook cable manufacturer plans to fund new production lines making mobile devices and EV connection systems
Stocks of Chinese firms involved in data centre tech and cloud computing surged on Monday after Beijing approved the building of 10 data centre clusters worth billions of dollars.
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AF Market Insights
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China-US Economic TiesChina Stocks Delisting From US: Everything You Need to Know -
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China Stock Markets
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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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