Latest: Asia Stock Market News
Investors were digesting the latest batch of downbeat economic figures out of China which showed output, sales and home prices under pressure
Weak industrial data causes Goldman Sachs and Citibank to cut growth forecasts, while Nomura says China may face a second wave of economic shocks
The deal between Standard Chartered bank and UK-based start-up UNDO could open up a new path to financing for the carbon removals industry
Washington and Brussels are set to disregard repeated ‘warnings’ and appeals from Beijing to reverse course on their planned steep tariff hikes on China-made electric vehicles
The Biden administration said on Friday it will move to curb the flood of cheap Chinese goods pouring into the US under a rule known as the 'de minimis' threshold
National securities regulator rebukes PwC Zhong Tian LLP, saying it helped cover up and "even condone" a huge $78-billion fraud in audits of property giant
Group founder was transferred to a centre in Shenzhen a few months ago to allow him to easily communicate with Evergrande executives
The yen was at its highest so far this year versus the US dollar, while speculation on mortgage-rate cuts in China helped Hong Kong
The new law - one of several this week aimed at curbing China – now goes to the Senate. It seeks to restrict Chinese content in cars that qualify for EV tax credits
Worsening geopolitical ties between Beijing and the West, along with the spiralling economic conditions in China have been the biggest drivers of the drop in business sentiment
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
