Derivative contracts with a notional value of about $7.5 billion traded in Singapore will shift to India as a cross-border trading link between the two Asian countries’ top bourses gets fully operational on Monday.
Stocks in China underperformed their peers in Japan by the widest gap in 15 years as investors fretted over an unsatisfactory economic recovery and awaited the rollout of more meaningful stimulus.
For more than 13 years, Piyush Gupta has led one of Singapore’s most iconic institutions, the bank that helped turn the Southeast Asian city-state into one of the richest countries in the world.
The Supreme Court’s recent decision to strike down affirmative action is effectively “undoing all of our rights,” New York City Mayor Eric Adams said Sunday on a panel featuring six Black mayors at the Global Black Economic Forum in New Orleans.
Pakistan’s record flooding last year displaced millions and left the country reeling. As a new monsoon season approaches, recovery efforts are floundering.
South Korean bonds have been the standout pick in Asia for foreign investors this year and their recent decline should be seen as just another window to buy, according to market watchers.
International Business Machines Corp. is prioritizing helping Japan’s chipmaking startup Rapidus Corp., with a senior executive describing the budding foundry business as vital to securing long-term global supply.
As Chinese visitors return to Hong Kong and snap up insurance policies again, the nation’s largest life insurer is stepping up efforts to seize a bigger share.
French grains trader Malteries Soufflet has struck a deal to acquire Australian distributor United Malt Group Ltd. for about A$1.5 billion ($999.3 million) in cash.
Potential Wagner Group militia camps in Belarus prompted alarm in Poland, which said it will send 500 extra police officers to its border with the Russian ally. In St. Petersburg, Russian authorities took computers and servers at a company linked to Wagner leader Yevgeny Prigozhin as the Kremlin seeks to take over his social-media and mercenary empire, the Wall Street Journal reported.
