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Global Market: AI trade faces biggest test yet as chip stocks tumble across AsiaAsian AI stocks tumbled as rising bond yields, higher financing costs, and concerns over excessive infrastructure spending weakened investo...
Tencent sells dollar, dim sum bonds amid AI spending spreeTencent Holdings is selling US dollar and offshore Chinese yuan, or dim sum, bonds in a deal that could raise at least $4.5 billion as the ...
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...
Global Market: Tencent-backed Enflame soars 200% in blockbuster Shanghai IPO debutTencent-backed Shanghai Enflame Technology surged nearly 200% in its Shanghai debut after raising $912 million through its IPO. Strong inve...
Udaan avoids bankruptcy, reaches agreement with offshore creditors to settle $178 million claimBlackrock, world’s largest asset manager has agreed to provide $45 million of fresh credit facility. The restructuring will also include up...
Global Market Today: Asian stocks, US futures climb on tech optimismAsian stocks advanced, mirroring Wall Street's record highs driven by a tech surge and strong corporate earnings. Investors are closely wat...
Asia's rich drive a $200-billion revival in complex equity notesWealthy Asian investors are pouring record funds into complex stock products. Issuance of these products linked to Hong Kong and Singapore ...
China tech stocks jump as AI boom pushes index to four-year highChinese tech shares surged as AI excitement pushed the Hang Seng Tech Index to its highest level since 2021. Baidu led with a 19% rise, whi...
China's Tencent plans to issue 5-, 10-, 30-year offshore yuan bonds: ReportTencent Holdings, a prominent Chinese gaming and social media giant, is set to issue offshore yuan-denominated bonds with varying maturitie...
MakeMyTrip plans $3 billion buyback; China’s Trip.com stake to drop below 20%MakeMyTrip intends to raise $3 billion through debt and equity to repurchase shares from Group, reducing their stake from 45.34% to 19.99%....
Nvidia's market cap climbs amid tech turbulence in AugustNvidia's shares surged last month, boosted by its quarterly revenue forecast, which exceeded analyst expectations as the artificial intelli...
China's slow economic recovery, deflation fears driving down stock prices, yuan value: ReportA slowing economic recovery, deflation fears and risk-averse foreign investors have been affecting China's financial markets, reducing both...
Asian shares fall as Ukraine war stokes inflation fearsChina's markets opened lower, with Hong Kong's Hang Seng Index down 0.9% and the mainland's bluechip index off 0.7%. Shares of Tencent Hold...
Crash boom bangFrom Indian crypto exchanges struggling during the bitcoin crash to the biggest shakeup at ByteDance and smartphone makers going in hiberna...
China delivery giant Meituan raises $10 billion to build a warchest for drones, self-driving carsThe robust demand comes as Chinese regulators crack down on technology giants for a range of violations from monopolistic behaviour to flou...
Alibaba, Tencent shares drop as US weighs investment banAlibaba fell more than 5 per cent and Tencent dropped as much as 4.4 per cent in Hong Kong trading on Thursday, tracking losses in their Ne...
need2know: Monsoon magic, Mohan Bhagwat on Air India sale & other macro cues for your day on D-StreetA look at top macro triggers that may move market on Tuesday.
ETMarkets Morning Podcast: What's buzzing on D-Street today?Nifty futures on the Singapore Stock Exchange were trading lower, indicating a weak start for the Nifty50 in India.
Mobile chat apps a craze in India; challenges persist even as user base surgesFrom being a country of person-to-person texts, the country and its booming population of smartphone users, are becoming besotted with chat...
China's planned reforms to throw open economy to private companies like GM and AlibabaPlans to change China’s financial sector include a new registration system for IPOs and allowing qualified private investors to set up smal...