Latest: Asia Stock Market News
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
Carbon dioxide removal is estimated to become a $100 billion industry by 2030, provided it can be scaled up
The US is pressing the Korean government to ensure Samsung and SK Hynix restrict sales of their high-bandwidth memory chips to China
The State Department said in June Cambodian government officials were complicit in trafficking for criminal activities and that some owned facilities used by scam operators
Despite a hotter-than-hoped US inflation report, Japan shares leapt more than 3% while Hong Kong enjoyed a tech boost
Zhongzhi units allegedly engaged in potentially unlawful practices before its fall from the top of the country's $18 trillion asset-management industry
A top US scientist says the world is "miles from where we should be" on curbing methane emissions. Far greater funds and activity is needed to reduce emissions, which he said were "accelerating".
In return, Russia was helping China develop military technologies such as submarines, aeronautics missiles, a top US official said
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
