Tag: Asia Economy
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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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Meta says WhatsApp usernames are safeguarded against scams after India flags cybersecurity risks
Meta has defended its WhatsApp username feature after the Indian government raised cybersecurity concerns.
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OpenAI proposes 5% stake to Trump administration to ease Washington pressure: report
Trump said in June that the U.S. taking an ownership stake in AI giants would be “a beautiful thing” and make American public “partners in this revolution.”
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Europe wants to rebalance trade with Beijing, but can’t quit Chinese air conditioners
An historic heat wave has driven unprecedented demand for Chinese-made air conditioners in Europe, underscoring the tough task Brussels faces in rebalancing trade with Beijing.
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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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