Latest: Asia Stock Market News
US chipmaker GlobalFoundries has been fined by Washington for shipping chips to a banned Chinese supplier
Shenzhen-listed shares of the carmaker were up 5.74% at close of trade on Monday, while its Hong Kong-listed stock was up 3.53%
Production volumes of solid-state batteries could reach Gigawatt-hour levels in 2027, according to a new report on the rush to create a better EV battery
Last year, 80% of panels exported by Chinese firms to the US came from Vietnam, Thailand, Malaysia and Cambodia. Now bases have been set up in other states to avoid US tariffs
Private sector survey shows factory activity expanded slightly last month after Beijing announced stimulus measures, while the steel sector sees a rejig
Chinese researchers from PLA institutions say they used an early version of Meta's Llama to create a similar AI tool for military tasks
EC has begun an inquiry on whether Temu has breached the Digital Services law in relation to the sale of illegal products, the app's "addictive design" and other issues
Asian Development Bank urges countries to speed up transition to clean energy, saying trillions of dollars in coastal assets are at risk because of continued use of fossil fuels
The directive comes as, starting Wednesday, Chinese electric vehicles heading to Europe will be subject to tariffs as high as 45.3%
An algae strain that grows rapidly in the presence of carbon dioxide and sinks in water has been hailed as a prime candidate for carbon sequestration projects
In This Section
AF Market Insights
-
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
-
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
-
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.
-
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
-
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.
-
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.
Asia Financial is owned by Capital Link International Holdings Ltd, 902, Wilson House 19-27 Wyndham Street, Central, Hong Kong. www.capitallinkintl.com
