Latest: Asia Stock Market News
The deal consists of a placement of about $700 million worth of shares to its parent company JD.com and about $400 million in a primary share sale
The Biden administration has been pressuring China to refrain from supporting Russia including by helping it counter Western sanctions and providing military assistance
NZME, which owns the New Zealand Herald, also said it was in discussions with Facebook parent Meta Platforms over various digital projects for next year
The city ranked third in the 31st edition of the semi-annual Global Financial Centres Index, produced by the China Development Institute in Shenzhen
The lender has handled more than 6 trillion yuan of microloans for about 50 million customers, and each of the loans stood at more than 100,000 yuan on average
Invesco Developing Markets Fund, which owns 18% of the company, said it backs Zee's proposed merger with Sony Pictures Network India
Numbers compiled by the Institute of International Finance show a dramatic shift in flows, mostly out of Chinese stocks. Investors are pulling out amid concern over Ukraine
Investors were distracted by more hawkish talk from the US Federal Reserve on rate hikes and fallout from the ongoing Russia-Ukraine conflict
Japan's Securities and Exchange Surveillance Commission filed criminal charges on Wednesday against the company and seven of its employees
The shares on sale matched the amount Hong Ra-hee, mother of Samsung Electronics vice chairman Jay Y Lee, agreed to keep in trust
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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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