Global Market: China stocks hit over one-year low as AI selloff deepens; Hong Kong reboundsChinese blue-chip stocks fell significantly, marking their lowest point in over a year. The CSI300 Index decreased by 1.3%, while the Shang...
09 Oct, 2026, 12.52 PM IST
Global Market: Maas Group shares plunge 11% after Nvidia-backed Firmus scraps $5 billion IPOMaas Group shares plunged nearly 11% after Nvidia-backed Firmus withdrew its planned $5 billion IPO, raising valuation concerns. Despite th...
09 Oct, 2026, 11.56 AM IST
Global Market: Yuan strengthens as dollar retreats; China pushes back against undervaluation claimsThe Chinese yuan strengthened against the US dollar as the greenback retreated from an 18-month high. Beijing defended its currency policy ...
09 Oct, 2026, 10.00 AM IST
China has no need or intention to weaken yuan for trade edge, central bank saysChina's central bank stated it does not intend to depreciate the yuan for competitive trade advantages. It emphasized that the market plays...
08 Oct, 2026, 06.58 PM IST
Tencent mulls $5 billion bond sale to push AI ambitions: Bloomberg NewsTencent is exploring the possibility of raising as much as $5 billion through an offshore bond sale this month. This potential move comes o...
08 Oct, 2026, 03.49 PM IST
India, EU launch industry coalition for green shipping corridorIndia and the European Union launched an industry coalition for a green shipping corridor to bring companies together to develop cleaner ma...
07 Oct, 2026, 08.01 PM IST
Global Market: China gold reserves rise for 23rd straight month, forex reserves fallChina’s central bank raised its gold holdings for the 23rd consecutive month in September, underscoring its efforts to diversify reserves a...
07 Oct, 2026, 10.54 AM IST
Chinese independent refiners turn to Iraq, Qatar as Iranian crude supplies dwindleChinese independent refiners have turned to buying Iraqi and Qatari crude as Iranian supplies dwindle. The traders report purchases totalin...
07 Oct, 2026, 07.32 AM IST
Prosus steps up India fintech bets with Kiwi, Oolka funding talksProsus has held exploratory talks to invest in Kiwi, which offers bank-issued RuPay credit cards and credit lines for Unified Payments Inte...
07 Oct, 2026, 06.00 AM IST
A Singapore couple invested S$150,000 in an ice-cream shop in 2007; 12 years later, it generated S$20 millionDavid Yim and Wong Peck Lin put S$150,000 of savings into Udders in 2007. Yim left teaching to run the shop, while Peck Lin kept her consul...
07 Oct, 2026, 12.09 AM IST
Type One Energy raises $200 million to develop world’s first commercial fusion reactorThe Series-B round, which takes total funding to-date to more than $400 million, is the third-biggest sector Series B raise over the last f...
06 Oct, 2026, 05.13 PM IST
DeepSeek to raise at least $12 billion in Tencent-backed fundingChinese AI startup DeepSeek is close to securing at least 80 billion yuan ($11.93 billion) in its latest round of funding, Bloomberg News r...
06 Oct, 2026, 11.41 AM IST
In 1950s America, Ronald Read began buying everyday blue-chip stocks; decades later, the janitor left behind an $8 million portfolioRonald Read did not work in finance. He spent about 25 years at a Vermont gas station before working as a janitor at J.C. Penney for anothe...
02 Oct, 2026, 06.05 PM IST
Huawei unveils Mate 90 phones, leans on homegrown chip design to offset US curbsHuawei has showcased its Mate 90 smartphone series, enhancing performance with new chip technology and HarmonyOS 7. The latest models featu...
01 Oct, 2026, 11.06 AM IST
China says venture funding rebounds as investors back AI, quantum technologyChina's venture capital sector is recovering, with investment in early-stage startups, smaller companies, long-term projects and hard-tech ...
30 Sep, 2026, 09.24 AM IST
China rolls out new measures to bolster its property sector and economyChina rolled out new measures to help its sluggish property sector amid rising pressure to hit the government's year-end growth goal. China...
29 Sep, 2026, 07.28 PM IST
China rolls out new measures to bolster its property sector and economyChina rolled out new measures to help its sluggish property sector amid rising pressure to hit the government's year-end growth goal. China...
29 Sep, 2026, 06.36 PM IST