Asia
The money news of Asia: China, Japan, India, Korea and the Southeast Asian markets driving global growth.
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Morgan Stanley warns AI chip rally may be running out of steam
Morgan Stanley's Lisa Shalett warned semiconductor stocks may be overvalued as hyperscalers increasingly develop lower-cost propri…
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Circle shares surge 13% on getting regulatory approval to set up US trust bank
Circle secured final regulatory approval from the OCC for its national trust bank. This allows the stablecoin issuer to manage its…
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Global Markets: Chinese fast fashion retailer Shein finally wins approval for Hong Kong IPO
Fast-fashion titan Shein has gained approval for its Hong Kong IPO after previous attempts were blocked. Although the company has …
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PFC raises USD 300 mn via bonds carrying floating interest rates
Power Finance Corporation, a state-run entity, has triumphantly secured USD 300 million via bonds that feature floating interest r…
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South Korean billionaire's risky bet pays off, as SK Hynix debuts in New York
South Korean billionaire Chey Tae-won's bold acquisition of SK Hynix has paid off significantly. The company is now a leading prod…
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Warsh task force members get an A at the outset, but results will need broad buy-in
Federal Reserve Chairman Kevin Warsh has enlisted a team of fifteen renowned external experts to spearhead reform task forces. Thi…
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Wall Street banks rule on staff betting on prediction markets, sources say
In a significant move, major Wall Street banks have revised their employee conduct guidelines. The updated policies impose restric…
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SpaceX's near-term AI payoff seen tethered to Earth, not outer space
SpaceX's current value stems from building essential AI infrastructure on Earth. The company is generating significant revenue fro…
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Oil heads for weekly gain as Middle East supply risks persist
On Friday, oil prices saw a modest increase as they aimed for weekly gains. Renewed hostilities between the US and Iran have sever…
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Retail space rent in Delhi's Khan market rises 9pc annually in Apr-Jun: C&W
Retail rents in Khan Market, Delhi, have soared by nine percent annually, reflecting a robust retail sector. Notable areas like Ga…
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US stocks today: US stocks open steady ahead of SK Hynix listing; Middle East in focus
Wall Street opened steady as investors tracked SK Hynix’s much-awaited Nasdaq debut and rising Middle East tensions. The Dow and S…
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Reliance Industries, Jio Financial announce Q1 earnings dates. Check details
Reliance Industries and Jio Financial Services will report their June-quarter earnings next week. Reliance Industries' board meets…
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Premium housing demand, urbanisation to support India's realty market in H2 2026: Knight Frank
India's housing market shows resilience through the second half of 2026. Strong demand for premium homes and urbanisation will sup…
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India fashion retailer Trent tumbles 11% as revenue growth disappoints
Shares of one of India's biggest fashion retailers, Trent, fell over 10% after the company reported weak earnings growth.