Latest: Asia Stock Market News
The decision to shift to Hong Kong was made after regulatory approval for FWD's planned US IPO of $2-3 billion was delayed
CSRC said it would properly resolve bond default risks and crack down on "fake financial exchanges" after a meeting to discuss orders from last week's Central Economic Work Conference
Asia’s traders were playing the waiting game on Monday with rising inflation leaving them convinced the US Federal Reserve will pull the plug on its ultra-loose monetary policy this week
The Chinese yuan has been one of the best-performing Asian currencies this year, rising about 3% against a strengthening US dollar. It is now at its strongest since late 2015
Washington blacklisted SenseTime over alleged human rights abuses in Xinjiang, which the firm called "unfounded"
AI firm chiefs debating what to do with $767m offering after US blacklisting would stop US-based investors from buying its shares
The currency had fallen in the previous two days as the central bank's monetary policy decision failed to enthuse forex market participants
Nervous traders were waiting on latest US consumer price data while China’s continuing real estate crisis is also unsettling investors
Move comes after FT reported the US will put the firm on an investment blacklist on Friday, meaning US investors could not buy shares in the group
The low price pushed up the yield, which moves inversely to the price, on the bonds to 9.75%, underscoring their lacklustre reception
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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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