Latest: Asia Stock Market News
The countries primarily responsible for the financing crunch are, ironically, the two biggest economies of the world — the United States and China
The US election poses risks for China – the threat of major tariff increases, a trade war and geopolitical instability if Trump wins; economic decisions can be made once the result is known.
Teams from both companies will work on exploring pelletizing, using Rio's ore from northwestern Australia and the application of biomass
Chinese startup raises about $120 million from IPO on Nasdaq, due to start Friday, plus $320.5 million from a private placement
President Xi said at a summit in Beijing last month that from December goods from least developed countries with diplomatic ties to China would not be subject to import duties
The battle to keep US money and advanced tech from boosting China's military and AI capabilities is likely to rage on no matter who wins the election, although the candidates' styles are very different
Analysts say the threat of Trump winning the US election and imposing big trade tariffs on China has undermined the yuan in recent weeks
Freevoy is the world's first hybrid battery with a range of over 400km (249 miles), CATL's chief technology officer Gao Huan said
The agency expects carmakers to continue working towards making cheaper and innovative EVs — with China firmly in the lead. It also predicts a hit to Europe’s GDP from the EV transition
China's recent policy stimulus has triggered a furious rally in stocks, though that euphoria has turned into caution in past weeks
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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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