Latest: Asia Stock Market News
Carmakers and dealers are struggling to make money in the world’s biggest auto market and oversupply, along with fierce competition, has left scores of firms on the brink of collapse
China and the US 'have larger agendas to work out,' Nvidia chief says after China's cyberspace regulator bans local firms from buying its AI chips
Chinese shareholders' stake will be cut to below 20%, while Andreessen, Silver Lake and Oracle look set to be key players in the new firm running TikTok in the US
The US trade representative for South Asia, Brendan Lynch, will be in New Delhi for one day of talks on Tuesday
The takeover of app's operations in the US will take 30 to 45 days, but Oracle will retain its role managing the collection of TikTok's data and software updates, CNBC has said
The RTX6000D is being seen as expensive for what it does, especially as its performance lags compared to better Nvidia chips available in China's grey markets
Chinese officials have unveiled a plan to double the country's storage capacity for 'new energy' to 180 gigawatts (GW) by 2027.
The US is anxious to boost Western control of ports around the world, as China's huge expansion in shipping and ports is seen as a dangerous 'maritime advantage'
Restrictions on experimental treatments will likely have a significant impact on pharmaceutical companies which have, in recent years, bought up rights to experimental drugs created in China
Analysts said China's latest moves — particularly against Nvidia — were likely timed to give Beijing greater clout in trade talks with US officials, but they ended on Monday.
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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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