Bloomberg Business

Thailand Welcomes First Chinese Tour Groups After Pandemic

Thailand welcomed the first tour groups from China after the pandemic, betting the return of tourists following Beijing’s abrupt reopening will turbocharge the recovery of the Southeast Asian country’s vital tourism sector.

Foreign Investors Buy Taiwan Stocks at Fastest Pace Since 2005

Foreign investors net bought NT$120 billion ($4 billion) worth of Taiwanese stocks last week, the most since 2005, Bloomberg data shows. Net purchases last Monday helped push the index into bull market territory. Slower Federal Reserve rate hikes and optimism of a cyclical recovery for tech, in particular semiconductors, are driving the buoyant market sentiment. Still, it remains to be seen if the enthusiasm will last as the Taiwan dollar may weaken amid mounting tensions between Washington and

Adani Saga Enters Third Week as Officials Jump in to Calm Nerves

Indian policy makers and regulators stepped in over the weekend to calm frayed nerves over concerns the turmoil surrounding billionaire Gautam Adani’s conglomerate would spill over into the local economy and affect global investor sentiment toward the country.

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