New Zealand’s central bank is expected to slash its policy rate by 50 basis points to 4.75%, while the Reserve Bank of India is expected to hold rates at 6.5%
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Asia markets poised to rebound after Wall Street rally; central bank decisions in focus: Live updates
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Shares of Chinese chipmaker MetaX soar nearly 700% in blockbuster Shanghai debut
Narumon Bowonkitwanchai | Moment | Getty Images Shares of Chinese chipmaker MetaX Integrated Circuits soared about 700% in their market debut in Shanghai on Wednesday, after the company raised nearly $600 million in its initial public offering. Shares, which were priced at 104.66 yuan in the IPO, surged to over 835 yuan on debut, marking […]
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Alphabet-owned Waymo in talks to raise $15 billion in funding
Waymo co-CEOs (L-R): Tekedra Mawakana and Dmitri Dolgov Waymo Self-driving car company Waymo is in talks to raise $15 billion in funding in the new year. The robotaxi company plans to raise billions from Alphabet, its parent company, as well as outside investors at a valuation as high as $110 billion, according to a person […]
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Asia-Pacific markets open mixed as investors parse Japan trade data
Mount Fuji and the Shinjuku skyline in Tokyo, Japan, on Friday, Feb. 14, 2025. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Asia-Pacific markets mostly fell Wednesday as investors parsed trade data that just came out of Japan. Japan’s exports in November grew 6.1% year on year, data from the country’s […]
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