13 Nov
IPO: Razorpay receives regulatory approval
The Securities and Exchange Board of India has approved the IPO application for fintech firm Razorpay, alongside other major companies, according to Reuters and NewsBytes.
Asia news
12 Nov
Bangladesh approves third LNG terminal
The government approved the construction of the new facility amid rising energy import costs.
12 Nov
Foxconn reports 34% rise in Q3 profit
The Taiwanese tech giant exceeded quarterly profit forecasts but issued a warning regarding supply chain constraints.
12 Nov
Asia's nuclear shift poses new challenge to fossil fuel demand
The expansion of nuclear energy infrastructure across Asia is expected to pose a significant challenge to global fossil fuel demand, according to reports by Reuters and TradingView.
10 Nov
China's trade surplus surpasses $1 trillion mark
Driven by a boom in exports related to artificial intelligence, China's trade surplus has reached a new record high.
10 Nov
POSCO completes expansion of Gwangyang LNG terminal
POSCO International has completed the construction of its second LNG terminal in Gwangyang with an investment of approximately 949.2 billion won.
9 Nov
China: Producer prices hit four-year high
Surging energy costs and weak domestic demand push Chinese producer inflation to its highest level since 2022.
7 Nov
Allegations of excess ethanol in petrol; Indian government denies
A Karnataka minister and the opposition leader allege that petrol exceeds permitted ethanol blending limits, while oil companies maintain compliance with national standards.
6 Nov
Market meltdown continues: Asian stocks tumble
Following sharp declines on Wall Street, Asian stock exchanges recorded significant drops this morning, with Japan's Nikkei index entering bear market territory.
6 Nov
Market turmoil in Asia: Nikkei tumbles 6%
Stock indices in Japan and South Korea saw sharp declines amid growing fears surrounding artificial intelligence.
5 Nov
Report: Billions in Asian LNG projects scrapped or stalled
The IEEFA reports that $67.8 billion worth of projects in four Southeast Asian countries have been cancelled or stalled due to high costs.
4 Nov
India approves $297 million incentive policy for critical mineral processing
The Indian government has approved a new 2.814 billion rupee scheme to boost the processing of critical minerals including lithium and nickel.
4 Nov
Bangladesh: Gas supply drops due to terminal maintenance
Petrobangla announced a four-day reduction in gas supply across the country due to maintenance work at the Summit LNG terminal.
23 Oct
Japan's Core Inflation Rises to 2.1%, Breaking 2% Mark for First Time This Year
Japan's core consumer price index crossed the 2% threshold for the first time this year, fueling expectations of further interest rate hikes.
22 Oct
Nickel Surges Past $16,000 as Chinese Producers Weigh Indonesia Output Cuts
Nickel prices on the London Metal Exchange surpassed $16,000 per ton amid reports that Chinese producers are considering joint production curbs in Indonesia.
22 Oct
Bank of Korea Holds Benchmark Interest Rate at 3%
South Korea's central bank kept its key rate unchanged following back-to-back increases, pausing to assess the impact on inflation and household debt.
21 Oct
US Secretary of State Marco Rubio Visits World's Largest Refinery in India
US Secretary of State Marco Rubio has traveled to Jamnagar in India following a visit to Mumbai.
20 Oct
Seoul Stock Exchange Drops Nearly 4% Led by Chip Makers
South Korea's benchmark stock index tumbled nearly 4% led by semiconductor shares, Calcalist and Globes reported.
19 Oct
Beijing Faces Rapid Aging: One-Third Projected Over 60 by 2035
The Chinese capital could become a "super-aged" city within a decade as demographic shifts accelerate.
16 Oct
Asian Stock Markets Rebound Led by Gains in South Korea and Japan
Major Asian equity benchmarks rebounded, led by South Korea's Kospi snapping a seven-day losing streak.
16 Oct
Indonesian Stocks Plunge After MSCI Signals Potential Market Downgrade
Indonesian equities dropped sharply after index compiler MSCI signaled it could downgrade the country's market status.
16 Oct
US Treasury: Japan No Longer in Deflation, Yen Must Adjust
A US Treasury official stated that Japan's economy is no longer in a deflationary environment and called for adjustments to monetary policy and the yen.
15 Oct
Asian Markets Tumble Following US Inflation Data and Tech Sell-Off
Asian stock indices fell sharply led by chipmakers and tech shares, with South Korea's market plunging nearly 8%.
13 Oct
China's Central Bank Clears Visa to Prepare Bank Card Clearing Business
The People's Bank of China has approved Visa to prepare for establishing a bank card clearing institution in local currency.
13 Oct
South Korea's Kospi Sinks Below 6,000, Triggering Trading Curb
South Korea's benchmark Kospi index fell below 6,000 points, triggering the first sell-side curb in nearly two months amid market volatility.
13 Oct
India's Central Bank Tightens Forex Hedging Rules
The Reserve Bank of India has widened foreign exchange risk reserve requirements and tightened rules governing non-deliverable forward contracts.
13 Oct
Japan Wholesale Inflation Remains Elevated, Keeping BOJ Rate Hike in Play
Japan's wholesale inflation cooled to 6.8% but remained elevated, keeping alive expectations of a Bank of Japan interest rate hike.
10 Oct
Amazon and Flipkart Report Surge in India Festive Sales
E-commerce giants record strong start to India's festive shopping season, with doubled orders on Amazon and millions of users on Flipkart.
7 Oct
India's Central Bank Raises Interest Rate for First Time in Nearly Four Years
The Reserve Bank of India raised its repo rate by 25 basis points to 5.50% amid broadening inflation and strong GDP growth.
3 Oct
Russian Uranium Shipment Arrives in Bangladesh for Rooppur Nuclear Plant
A shipment of Russian uranium fuel departed Dhaka airport bound for the Rooppur nuclear power plant under heavy security.
2 Oct
Hong Kong Shares Drop 3% Ahead of US Jobs Report; Wall Street Futures Rise
Asian stocks traded mixed with Hong Kong falling nearly 3%, while Wall Street futures climbed ahead of the US employment report.
24 Sept
Former Bank of Japan Official Forecasts Quarterly Rate Hikes to 2%
A former Bank of Japan board member anticipates quarterly rate hikes pushing the policy rate to 2% by mid-2027, according to UA.NEWS and finance.biggo.com.
24 Sept
Japan's 10-Year Bond Yield Climbs to Highest Level Since 1996
The yield on Japan's 10-year government bonds reached a near 30-year high following a sharp sell-off in US Treasuries.
22 Sept
Snapdeal Parent AceVector Sets IPO Launch in India
AceVector plans to raise 420 crore rupees in an IPO opening September 25.
22 Sept
Chinese Yuan Climbs to 3.5-Year High
China's central bank set a strong daily fixing that lifted the currency ahead of an expected meeting between Xi and Trump.