Tag: Asia Economy
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Inside India newsletter: Amazon, Walmart-owned Flipkart get ready to shake up India’s delivery-in-minutes sector
Amazon and Walmart-owned Flipkart are scrambling to expand quick commerce operations in India, not just to chase growth but to remain relevant to consumers.
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Oil prices wobble as breakdown in U.S.-Iran talks casts doubt over peace process
Oil prices were lower on Wednesday after Iran said it would not meet with U.S. delegates for talks in Qatar, amplifying concern about the peace process.
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Corruption cases, investibility warnings, fiscal woes: Indonesia continues to test investors
This comes amid a high-profile corruption sentencing and an MSCI warning Indonesia could be downgraded to frontier-market status.
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KKR to control South Korea’s $1.3 billion renewables platform with SK as AI power demand rises
The announcement came after South Korea announced on Monday three massive investment projects, spanning semiconductors, physical AI and AI data centers.
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Japan spent $74 billion propping up the yen. Investors say the real battle is with the Fed
Yen intervention alone is unlikely to reverse losses while wide U.S.-Japan rate differentials keep supporting the dollar, said analysts.
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LNG market disruption may continue for months as a top producer withholds some Italian shipments
QatarEnergy extended its force majeure, withholding four additional liquefied natural gas cargoes until September.
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Iran says it is selling oil at 20% premium as end of U.S. blockade sees 40 million barrels exported
The ceasefire prompted a surge in crude shipments through the Strait of Hormuz, where traffic had largely ground to a halt during the conflict.
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Oil prices set for steep monthly drop as Trump, Iran issue mixed messages on talks in Qatar
The moves come as oil traders monitor the prospect of U.S.-Iran talks in Doha on Tuesday.
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Short sellers keep betting against Pop Mart — even though it’s been a losing trade
Short sellers are doubling down on Pop Mart International even as a recent share price recovery turns their bearish bets on the Chinese toymaker increasingly risky.
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China factory activity grows faster than expected in June on tech export demand
China’s manufacturing engine held up this year as surging demand for artificial intelligence technology helped offset the drag from Middle East turmoil.
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