Latest: Asia Stock Market News
Firms that chase the dream of AI super-intelligence will falter, a researcher has said, as the idea "ignores the physical and economic realities that constrain all systems."
Key to the fall in fossil fuel use is China’s increasing rapid transition to renewable energy, with wind and solar reportedly now generating more than a quarter of the country’s electricity
This is the first indication from China that it is now seeing cars with L3 autonomous driving capabilities as legitimate products ready for mass adoption
Latest state data shows retail sales at their weakest in three years, while home prices continue to fall and even car sales slump
Beijing urges the Gulf Cooperation Council to conclude talks on a free-trade agreement, which first started over 20 years ago
Intense competition in China has hammered profitability for automakers, suppliers and dealers but regulators are now looking to penalise absurdly low pricing
Chinese demand for Nvidia’s H200 chip is high but China is unlikely to allow its firms unfettered access to the powerful processors
Australia will fund $120m worth of subsea links from north and south PNG to Bougainville under its defence treaty with its Pacific allies
Thai PM Anutin Charnvirakul moved to dissolve parliament late on Thursday amid further parliamentary squabbling. He took the top office just over three months ago, but hopes an election in January or February will boost his chance of returning
Chinese regulators have reportedly held 'emergency meetings' with representatives from top tech companies and asked them to assess their demand for the H200 AI chip
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
