Latest: Asia Stock Market News
The TCS buyback - representing 1.08% of total paid-up equity share capital at 4,500 rupees each - is proposed on a proportionate basis
Bond markets in Asia are likely to stay resilient even as the US Federal Reserve begins to unwind stimulus and hike interest rates this year, economists said
Hong Kong rose by 2.8%, following Jerome Powell's reassurances over rate hikes, and Tokyo was up just under 2% too
Hong Kong and Shenzhen stock exchanges said on Wednesday they signed a new cooperation agreement in hope of boosting investment in the Guangdong-HK-Macau Greater Bay Area.
The issue consists of one tranche, and price guidance to investors has been set at Treasuries plus 210 basis points, the term sheet said
Four of the firms are linked to Shimao, which is discussing payment arrangements with creditors, while Kaisa Group Holdings and Greenland Group are also on list
Among the most popular type of Myanmar wood is teak, long favoured by shipbuilders and furniture makers for its durability in wet environments
Outstanding overseas institutional holdings of interbank bonds rose to a total of 4 trillion yuan ($628 billion) at the end of last year
"I wish they had narrowed down the companies more," Taku Ito, chief portfolio manager at Nissay Asset Management, said
Investors predict the US Federal Reserve could post as many as three or four interest rate rises in 2022 to curb soaring prices
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China-US Economic TiesChina Stocks Delisting From US: Everything You Need to Know -
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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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