Traders were in positive mood on Thursday with tech firms encouraged by Samsung’s results and receding fears of recession in the US
In a proposal to bondholders, Hong Kong-listed Powerlong aims to pay 5% of principal on the due date of the bonds, 15% after six months, and the final 80% after 12 months, sources said.
The deal is part of one-year pilot programme to test the new fuel for planes
China bonds registered $2.5 billion of outflows last month, the fifth consecutive month of foreign outflows, but over $9.1 billion of foreign inflows went into China's stock market in June, the IIF said
The RBI is bringing in several new measures to help increase its flow of foreign exchange as the Indian currency continues to struggle
Traders across the region were in downbeat mood over slowing growth, surging inflation and impending rate hikes
Environmental, social and governance rules require investors to avoid defence stocks, discouraging big investors such as pension funds, while China and Russia have nationalised defence industries.
India’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.
US 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
Despite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
The 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.