Singapore’s budget measures to address the city-state’s high cost of living may benefit stocks tied to consumers, while the property sector and multinational companies may suffer as a result of higher taxes.
Indian income tax officials visited the New Delhi and Mumbai offices of the BBC Tuesday, weeks after the British broadcaster aired a documentary about the 2002 Gujarat riots and Prime Minister Narendra Modi’s alleged role in the violence in his home state.
China has launched an apparent graft inquiry into a top soccer official who once met President Xi Jinping to discuss ways to reform the sport.
China’s central bank added more cash into the financial system to meet a rapid, post-Covid Zero rebound in loan demand, while keeping its key policy rate steady for now as the economic recovery takes shape.
Australia’s central bank is overly prescriptive in its interest rate communications and would benefit from being more circumspect, according to former Reserve Bank Governor Bernie Fraser.
DBS Group Holdings Ltd. reported an uptick in Bitcoin trading volume on its digital exchange last year amid a broader decline in cryptocurrency prices.
A green bond priced in a yen debt deal Wednesday had a lower spread than its nearly identical regular note sold at the same time, in an unusually clear example of the lower borrowing costs issuers get for selling ESG securities.
SM Entertainment Co. surged to another record high, as expectations mount that more suitors may emerge to challenge BTS label Hybe Co. for control of the talent studio behind K-pop’s first forays overseas.
Warren Buffett slashed his holding of Taiwan Semiconductor Manufacturing Co. just months after disclosing a major stake, an unusually quick reversal by the legendary stock picker that’s chilling investor sentiment toward the chip giant.
China’s thermal coal price plunged to the lowest in a year, weighed down by high inventories amid weak demand and Beijing’s focus on energy security.
