Tag: Asia Economy
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China’s rare missile test will push wary Asia-Pacific countries to close ranks, analysts say
China’s rare launch of a ballistic missile launch into the Pacific will push regional powers to deepen their defense ties.
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India fashion retailer Trent tumbles 11% as revenue growth disappoints
Shares of one of India’s biggest fashion retailers, Trent, fell over 10% after the company reported weak earnings growth.
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Apple veteran’s Chinese smart-glasses firm becomes unicorn as Tencent, Meituan fund rival to Meta
The Shenzhen-based startup joined a slew of global peers to build advanced gadgets and electronics that bring the benefits of AI to individual users.
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Trump’s calls, Ukraine’s strikes and Russia’s barrage on Kyiv put markets on alert
Trump reportedly spoke with Putin and Zelenskyy as Ukraine struck Russian targets and Moscow launched another deadly attack on Kyiv.
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Meta’s woes deepen in India as child abuse ads on Instagram draw government ire
U.S. social media giant Meta is facing an onslaught of regulatory scrutiny in India, which has the largest user base for Facebook, Instagram and WhatsApp.
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Nvidia’s next-gen AI rack system delayed to 2028 on manufacturing snags, SemiAnalysis says
The reported delay adds to concerns that Nvidia’s breakneck annual release cadence is colliding with manufacturing limits.
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Oman walks a diplomatic tightrope over Strait of Hormuz fees, creating a ‘blind spot’ for markets
Oman is using strategic ambiguity as talks over possible Strait of Hormuz fees raise legal, diplomatic and oil market concerns.
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Safe havens aren’t behaving like they used to. Here’s what’s changed
Traditional safe-haven assets — U.S. Treasurys, the Japanese yen and gold — have struggled to provide protection during this year’s market volatility.
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Venezuela quake toll climbs to 2,595 as damage estimates mount after strongest tremor in a century
Death toll from twin earthquakes that struck Venezuela jumped to 2,595, as rescue operations continued after the country’s strongest tremors in over a century.
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Asia markets open mixed as chip slump weighs on sentiment: Live updates
Asia-Pacific markets traded mixed on Friday as investors continued rotating out of technology stocks, tracking declines in the U.S.
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