Tencent Music said revenue dropped to 6.64 billion yuan ($979 million) in the first quarter ended March 31, partly due to lower ad sales after a fresh bout of Covid-19 cases in China
Stocks across the region recovered on Tuesday with tech firms leading the way in Hong Kong but inflation fears linger
The developer had been struggling to secure bondholders consent for the notes due in May and July 2022 totalling $729 million.
In 2021, more than 80 companies cancelled plans to list on Shanghai's tech-focused STAR market, double the number in 2020
Pre-market trading indicates shares will open at 15 to 20 rupees lower than the Rs. 949 issue.
There were mixed returns on Asian markets at the start of the trading week with investor concern about China’s slowing economy dominating
IMF raised dollar weighting to 43.38% from 41.73% and yuan's to 12.28% from 10.92%. The euro's weighting declined to 29.31% from 30.93%, the yen's fell to 7.59% from 8.33% and the British pound fell to 7.44% from 8.09%
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.