Latest: Asia Stock Market News
Temasek subsidiary's deal comes at a time of booming demand for warehouses and logistics infrastructure in China and SE Asia as the pandemic spurs e-commerce
The company is selling 16 million shares, which represents 7.7% of its enlarged share capital, as part of a December 2 IPO. It submitted plans to the Hong Kong Exchange on Tuesday.
Disappointment over IPO pricing, suspension of the Reliance-Saudi Aramco deal and steady selling by foreign investors were some of the factors that spurred Monday's selloff
Surging numbers of the virus in Europe and the threatened return of more lockdowns weighed on traders already worried about rising prices
The CSI300 index rose 0.5% in the morning session, while the Shanghai Composite Index gained 0.7%. The Hang Seng index dropped 0.4%.
The insurance behemoth is planning an initial share sale by March and in talks with multiple foreign investors to join as anchor investors
Embattled developer's electric vehicle unit said it would issue about 900 million shares. That would see its total holdings in the unit drop to 58.5% after the fundraising.
The city is being planned in the east of the Central American country and would get its energy supply from a volcano
A flurry of asset sales and share placings, including some from Evergrande, has sparked hopes this week that the sector will be able to avoid a full-blown crisis
Companies involved in the cases would be fined $78,000 each under China's 2008 Anti-Monopoly Law, the market regulator said
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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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