Asian markets slid lower on Tuesday amid expectations of a further rate hike in the US, the slowdown in China, but financial stocks helped to pull India's Nifty 50 to a positive level

Asian stocks fell in China, Japan, South Korea and India, but rose in Australia. 

Nomura lowered its China economic growth forecast, citing dismal July activity data, the lingering impact of the pandemic, and the worst heatwave in six decades.

Japan's Nikkei closed above 29,000 for the first time in seven months and China and Hong Kong stocks rose. South Korea was down.

Elliott made its move after losing faith in SoftBank founder Masayoshi Son's ability to turn around the company's fortunes after steep investment losses, the FT reported.

There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions

Asian shares were mixed after China's central bank unexpectedly trimmed two key lending rates following the release of July data that showed the nation's economic slowdown deepening.

The Yuan Wang 5 is expected to arrive at the island nation's southernmost port, Hambantota, on Tuesday – despite security concerns raised by its neighbour India and the US.

China will send experts to Nepal to conduct surveys of a cross-border railway this year, but Nepal still needs to appoint a rail minister and get its trains moving, local media say

Developing countries should think twice before taking loans via China's Belt and Road scheme given global inflation, slowing growth and the crisis in Sri Lanka, Dhaka minister says

The transaction ''will further strengthen our defence against the severe market environment," SoftBank said.

The Taiwanese electronics maker forecast flat revenue growth for the quarter ending in September amid concerns over the impact of inflation and a potential recession on gadget demand.