Latest: Asia Stock Market News
"The optimism came on the back of a US consumer inflation rate that eased in July after hitting the peak a month before," Prashanth Tapse, a research analyst at Mehta Equities, said.
Companies in India use the UAE dirham, the HK dollar, yuan or euro when buying Russian coal, in a bid to avoid the dollar and US sanctions, according to customs data and industry sources
The transaction ''will further strengthen our defence against the severe market environment," SoftBank said.
Investors were in nervous mood ahead of the release of July’s US consumer prices report on Wednesday
Elon Musk has confirmed selling $6.9 billion worth of shares in his car company, saying he is covering the risk that a US court forces him to takeover the social media platform.
Chief Executive Masayoshi Son revealed he was in talks to sell asset manager Fortress as he tries to stem his firm’s losses
The central bank is likely to hike its policy rate by 60 basis points by December, indicating 10-year yields may test a three-year high in coming months, says ICICI Securities Primary Dealership.
Thousands of people flooded the streets of Dhaka, demanding gas prices are cut to previous levels within 48 hours.
Tokyo and Hong Kong edged back on Tuesday, ending recent rallies ahead of Wednesday’s US consumer prices report for July
The news, announced by Investment Affairs Minister Luhut Pandjaitan on Monday, follows a meeting between Tesla chief Elon Musk and President Joko Widodo in Texas in May
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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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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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