Latest: Asia Stock Market News
Markets slid lower in China and India on Wednesday, while stocks in Japan were boosted by a jump in the auto sector, and there were gains in Australia helped by GDP data that topped forecasts
If the bid by Elon Musk to buy Twitter goes through, the Tesla chief executive will have potentially a stake of between 6% and 8% in the short video app
The bank said the funds would be directed at infrastructure development, which it described as "crucial for the country’s sustained economic growth"
The government announced it would raise fuel prices after an agreement with the IMF that included an end to fuel subsidies, allowing the resumption of aid
The bonds will go on offer between June 13 and June 30 and will be the last batch of a record 165 billion baht issue planned for the current fiscal year
Asset management firm One River sought to list on the NYSE Arca exchange, but the Securities and Exchange Commission ruled the ETF did not meet standards
Perring's next target is Sofina, the Belgian investment holding company that is a top-10 shareholder in the Bangalore-based Byju's
China shares hit a five-week high as foreign inflows surged ahead of Covid-hit Shanghai’s reopening, but Tokyo stocks eased, with rising US yields worrying investors
The move comes amid reports the government faces a cash shortfall of up to 6 trillion yuan (nearly $900 billion) because of the plunge in land sales and other tax revenue
The gap between 10-year yields on Chinese and US government bonds has vanished for the first time in more than 10 years
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Markets: The Big Picture
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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