Asia
The money news of Asia: China, Japan, India, Korea and the Southeast Asian markets driving global growth.
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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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Yen climbs as Japan considers nudging pension funds into domestic assets
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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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Shein could aim for September or October IPO in Hong Kong, source says
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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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Nvidia supplier King Yuan Electronics to invest up to $1.4 billion in US facility
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SK Hynix options to trade two business days after Nasdaq debut, sources say
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Shein receives approval for Hong Kong IPO from Chinese regulators
Online retail giant Shein Global Holdings has secured approval from the China Securities Regulatory Commission (CSRC) to seek an i…
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Top Chinese political journal calls for ‘patient capital’ amid AI investment frenzy
The top theoretical journal of China’s ruling Communist Party has run commentaries urging the country to cultivate “patient capita…
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Hong Kong keeps tight grip on housing land supply despite property rebound
Hong Kong’s government will release just one residential site for sale in the July to September quarter, maintaining a cautious ap…
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Circle wins final regulatory approval to establish US trust bank, shares rise
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SK Hynix IPO Reinvigorates AI Trade, Asia Stocks Rise
Korean memory chips giant, which is a supplier to Nvidia, raised a record $26bn from its US listing, and gave impetus to markets a…
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UK to regulate cloud service providers Microsoft, Google and others to protect financial stability
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Why Payward chose Hong Kong to be its Asian stablecoin gateway
With its multi-currency advantages and regulatory clarity, Hong Kong has become a critical gateway connecting stablecoins – crypto…
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Nvidia gets China boost, Iran ceasefire breaks, GDP release
China eased a boycott of higher-end Nvidia processors, seeking to balance concerns about chip shortages hurting local artificial i…
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China’s appeal as portfolio diversifier grows, BlackRock strategist says
China is increasingly being viewed by global investors as not only a growth opportunity but also a potential portfolio diversifier…
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India ramps up missile sales in Indo-Pacific as China’s assertiveness turns neighbors wary
India has signed a third pact for the supply of missiles in the Indo-Pacific region as countries in the region grow wary of China'…
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Hong Kong exchange marks progress in luring more listings from abroad
The Hong Kong stock exchange is drawing a growing number of foreign companies from across Asia and North America that are seeking …
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Crypto still 'off the table' for Singapore's Temasek, four years after FTX flop
Temasek's investment in the now-bankrupt FTX cryptocurrency exchange led to a writedown of $275 million in 2022, drawing much loca…
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Uniqlo defies sluggish China market with double-digit profit growth
Japanese apparel retailer Uniqlo posted higher revenue and double-digit profit growth in mainland China over the three-month perio…
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How the RMB Business Facility will help consolidate Hong Kong’s financial role
Hong Kong’s updated yuan financing tool for banks, featuring a quota 150 per cent larger than before, was launched on Friday, givi…