Latest: Asia Stock Market News
The soaring US dollar continued to pile the pressure on Japan’s yen on Friday with Tokyo poised to intervene if they see “excessive volatility”
IMF director said soaring prices and plummeting currencies have left “several countries at high risk of debt distress”
Equities across the region tracked their US peers overnight bouncing back after a long retreat buoyed by economic support pledges from Beijing
$44-billion takeover bid hits rocky water. But a lawyer for Musk said Twitter's court filing was a "misdirection" and that: "It is Twitter's executives that are under federal investigation."
Traders were on the lookout for signs of imminent Japanese intervention to prop up the struggling currency
Relentless Covid lockdowns have been blamed for denting investors’ appetite for Chinese assets with HK IPO issues falling to 9-year lows
Investors weren’t in the mood for risk-taking ahead of the latest US inflation figures and with it the prospect of more central bank tightening
Toshiba shares shot up on Thursday after reports of a possible takeover by a group of firms led by Japan Industrial Partners, a domestic private equity group
Japan says it is watching the yen’s slide “with a high sense of urgency” and is poised to “take appropriate steps on excess moves”
Byetdance hopes the move will motivate employees amid slowing growth and uncertainty over a plan to go public, sources said.
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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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