Latest: Asia Stock Market News
A senior executive said the company does not intend to halt investments but will instead handle them through its existing divisions
Once touted as the biggest challenger to Starbucks’ dominance in China, Luckin was delisted from the Nasdaq exchange in June 2020
LIC has also secured Goldman Sachs, Nomura, and a Singapore pension fund as anchor investors, a person familiar with the matter said.
The region’s markets tracked Wall Street’s losses with traders worldwide spooked by soaring prices and an imminent end to the era of easy money
Low infection rates have allowed BHP as well as rivals Rio Tinto and Fortescue Metals Group to keep running mines at maximum output
Despite the slowdown, existing foreign groups applied to launch a new high of 74 funds last year, a 220% jump from 2020
Jakarta requires approval for exports of crude palm oil, used cooking oil and consumption-ready refined, bleached and deodorised palm olein
'Profound' green policies have been adopted around the world for net-zero transitions, while recent reforms to China’s financial markets have begun to shift global markets towards Asia
The deal means the Richard Li-backed group has raised $1.6 billion in the past month after the company ditched its US listing plans
Genting Hong Kong is majority controlled by Malaysian tycoon Lim Kok Thay, whose conglomerate owns casinos in UK and Southeast Asia
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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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