Latest: Asia Stock Market News
Currency turmoil spooked traders across the region as the British pound dived and investors ran to the US dollar
IDFC First Bank says the rupee could hit 82.50 to the dollar by March as the dollar is likely to stay strong, while India's trade deficit is expected to widen
The PBOC said that on Wednesday it will raise the forex risk reserves for financial institutions when they buy forex through currency forwards to 20% from the current zero.
Carmaker is set to raise $800 million in its Hong Kong initial public offering, which will be the city's biggest IPO this year, although only half what it initially hoped to raise
Many analysts believe things are set to get worse as tighter monetary policy across the globe raises the risks of a worldwide recession
Over a dozen bond funds announced measures to restrict new purchases on Friday, and around 40 short-term funds made similar statements in the past 20 trading days
China's outbound investment under the cross-border Bond Connect scheme totalled 301.5 billion yuan ($42.3 billion) at the end of August, up 34% from a month ago
This year's bond 'crash' threatens credit events and a liquidation of the world's most crowded trades, Bank of America warned.
"It's not that [investors] don't believe in China, just that they are reducing that exposure," Affinity Equity Partners founding chairman Tang Kok-Yew said.
Stocks across the region were still retreating on Friday after the US Fed’s pessimistic rate hikes forecast rattled investors and unsettled currencies
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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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