Asia Economy
Asia-Pacific markets set to open lower, tracking Wall Street losses as AI stocks resume slump
View of the central business district skyline at sunset in Beijing, China. Sheng Peng | Visual China Group | Getty Images Asia-Pacific markets were set to open lower Friday, tracking Wall Street declines on persistent concerns over lofty valuations in artificial intelligence stocks. Shares of major AI companies fell Thursday stateside, weighing down on the […]
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Shipping giant Maersk raises outlook, CEO says global trade proving more resilient than feared
Maersk and HMM container ships at the Port of Los Angeles in Los Angeles, California, US, on Wednesday, Sept. 24, 2025. Bloomberg | Bloomberg | Getty Images Danish shipping giant Maersk on Thursday posted stronger-than-expected third-quarter operating profit and raised the lower-end of its full-year guidance, bolstered by increasing container volumes. The company, widely regarded […]
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Asia-Pacific markets rise, tracking Wall Street gains as AI stocks rebound
Hong Kong Skyline Nikada | E+ | Getty Images Asia-Pacific markets rose Thursday, tracking Wall Street gains after AMD’s third-quarter earnings beat lifted artificial intelligence stocks. Investors in the region are looking to Chinese autonomous vehicle firms WeRide and Pony.ai‘s market debut in Hong Kong later in the day. Both companies are already listed in […]
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Asia’s private equity funds turn bullish on China, betting on Beijing’s tech-focused economic plan
Zhang Lei, founder and chairman of Hillhouse Investment, during the Global Financial Leaders’ Investment Summit in Hong Kong, China, on Wednesday, Nov. 5, 2025. Bloomberg | Getty Images Asia-focused private equity managers are turning more bullish on the world’s second-largest economy, betting on Beijing’s drive for technological self-sufficiency and rapid adoption to deliver the next […]
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SoftBank shares plunge 10% as Asian AI-linked stocks slide on valuation jitters
A woman uses her mobile phone as she walks past the logo of Japan’s telecommunications giant SoftBank in Tokyo on December 25, 2013. Toru Yamanaka | Afp | Getty Images Shares of Asian AI-linked companies and tech firms fell Wednesday, tracking declines in U.S. peers, as investors turned wary of stretched valuations in the market’s […]
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More private equity funds than McDonald’s: PE giants forecast industry consolidation
Joe Bae, co-chief executive officer of KKR & Co., during the Global Financial Leaders’ Investment Summit in Hong Kong, China, on Tuesday, Nov. 4, 2025. Bloomberg | Getty Images Private equity fund managers are bracing for a wave of consolidation as investors demand higher returns and stronger governance, forcing a shakeout in an overcrowded industry, […]
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Free AI in India? Google, OpenAI and Perplexity are betting your curiosity will train their machines
Indian visitors talk on their mobile phones outside the Google stall at the India Mobile Congress in New Delhi on Sept. 27, 2017. Prakash Singh | AFP | Getty Images Artificial intelligence companies racing to expand in India are not just chasing customers — they are enlisting millions of users to help train AI models […]
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Asia markets mostly poised to fall despite Wall Street tech rally
Pedestrians are reflected in a window as electronic boards display stock information at the Australian Securities Exchange, operated by ASX Ltd. on Aug. 6, 2024 in Sydney, Australia. Lisa Maree Williams | Getty Images News | Getty Images Asia Pacific markets were mostly set to fall Tuesday, breaking ranks from Wall Street, which saw a […]
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Russia looks to cosy up with China after Trump’s meeting with Xi
In this pool photograph distributed by the Russian state agency Sputnik, Russian Prime Minister Mikhail Mishustin (R) arrives at the airport of Hangzhou on November 3, 2025. Dmitry Astakhov | Afp | Getty Images Russian officials appeared eager Monday to reaffiirm Moscow’s alliance with China following U.S. President Donald Trump’s high-profile meeting with Xi Jinping. […]
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India now incurs higher U.S. tariffs than China. What does it say about Trump’s foreign policy?
US President Donald Trump and Indian Prime Minister Narendra Modi arrive to hold a joint press conference in the East Room of the White House in Washington, DC, on February 13, 2025. Jim Watson | Afp | Getty Images De-escalation in tensions between China and the U.S. after their leaders met in South Korea last […]
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