Tag: Asia Economy
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BYD shares slide as fierce China competition dents first-half earnings
BYD shares slid after the automaker released its latest results on Friday, despite higher second-quarter profit and overseas growth.
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Meta- and Google-backed Indian telecom operator Jio Platforms gets regulatory nod for IPO
India’s largest digital and telecom operator, Jio Platforms, got a regulatory nod for an IPO, but the National Stock Exchange, another mega issue, is still awaiting regulatory clearance.
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China’s factory activity shrinks for second straight month, contracting less than expected
China’s manufacturing activity shrank for a second straight month, keeping pressure on Beijing to support the economy as growth loses momentum.
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Singapore tackles finances and culture to avert a demographic crisis
One challenge for policy makers is that success on many measures won’t show up immediately.
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Mixue shares extend slide after profit drop as ice cream-and-tea chain sees costs rise
Mixue shares extended losses after the Chinese ice cream and tea giant reported lower first-half profit despite higher revenue.
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OpenAI rolls out ads on select ChatGPT plans in India to boost monetization, support wider access
Ads have been rolled out for free users and those on the 399 rupee ($4) per month ‘Go’ plan.
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DeepSeek looks for fresh capital as founder’s quant empire navigates China’s choppy IPO market
High-Flyer Quant, which bankrolled DeepSeek, has come to the fore, making a push into new listings as it chases returns in China’s red-hot IPO market.
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China’s super-rich fled Singapore. Now they want to come back
Wealthy Chinese are reconsidering Singapore as Beijing’s offshore wealth scrutiny and geopolitical risks make alternatives less attractive.
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CIA chief John Ratcliffe reportedly made secretive Moscow trip to warn Russia against attacking NATO
Russia and Ukraine have intensified long-range drone and missile strikes as fears of further escalation grow.
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Qantas shares jump after earnings as airline unveils new business-class seats
Qantas shares jumped 4% after the airline reported full-year earnings and introduced new business-class seats amid strong demand for premium travel.
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