Asia

Hong Kong stocks track Wall Street losses to end lower on Christmas Eve, while China shares rise

Hong Kong stocks track Wall Street losses to end lower on Christmas Eve, while China shares rise

Stocks listed in Hong Kong declined during thinned out holiday trading on Monday, tracking Friday?s losses on Wall Street. In mainland China, however, shares rose on the promise of policy support for the economy. The Hong Kong market traded for half a day because of the Christmas holiday, and the […]

China to speed up creation of new board for technology start-ups at Shanghai Stock Exchange

China to speed up creation of new board for technology start-ups at Shanghai Stock Exchange

The China Securities Regulatory Commission, the country?s top markets regulator, said in a statement late on Monday it would push for the rapid establishment of an equity board for start-ups, a project unveiled by Chinese President Xi Jinping to help technology companies raise capital. The CSRC said one of its […]

China stocks fall on Christmas after Japan?s Nikkei enters bear market, another day of losses in US

China stocks fall on Christmas after Japan?s Nikkei enters bear market, another day of losses in US

Shares listed in mainland China fell on Tuesday, tracking the steep losses in markets in Japan and the United States triggered by an intensifying row between the White House and the US Federal Reserve. The Hong Kong market will remain closed until Thursday. The Shanghai Composite Index dropped by as […]

Tencent joins Naspers in US$1 billion funding for Indian food delivery service Swiggy

Tencent joins Naspers in US$1 billion funding for Indian food delivery service Swiggy

Tencent Holdings joined Naspers in a US$1 billion investment in Indian food delivery service Swiggy, which gains a potentially valuable ally in China?s largest social media and gaming company. Naspers led the financing, which snagged new backers Hillhouse Capital and Wellington Management in addition to existing investors DST Global, Meituan […]

China stock market meddling will be reduced after bad year, vows Beijing

China stock market meddling will be reduced after bad year, vows Beijing

China?s heavy handed intervention in stock trading will cease and investment funds will be encouraged to buy into its equity market, as Beijing hopes to boost a stock market that has been among the world?s worst performers this year. The Financial Stability and Development Commission, part of the People?s Bank […]

Hong Kong, Shanghai stocks fall after US Fed defies investors? call and keeps aggressive pace of interest rate increases

Hong Kong, Shanghai stocks fall after US Fed defies investors? call and keeps aggressive pace of interest rate increases

Hong Kong and Shanghai stocks dropped in Thursday?s early trading, along with other Asian markets, as the US Federal Reserve Chairman Jerome Powell kept his aggressive pace of rate increases and ignored investors? calls for a slower clip. The Fed raised the key interest rate by 25 basis points for […]

BJP accuses Akhilesh Yadav of allowing loot in UP

BJP accuses Akhilesh Yadav of allowing loot in UP

New Delhi: Rejecting allegations of vendetta politics, the BJP on Sunday said? instead of questioning the timing of the CBI raids in connection with the alleged illegal mining, the Samajwadi Party chief and former Uttar Pradesh chief minister Akhilesh Yadav should answer why so much ?loot? had happened under his […]

Congress trying to protect those who believe in Jinnah line: Himanta Biswa Sarma

Congress trying to protect those who believe in Jinnah line: Himanta Biswa Sarma

Guwahati: Assam finance minister and the BJP?s top Northeast strategist Himanta Biswa Sarma said here Sunday the Citizenship Bill 2016 was ?complementary? to Clause 6 of the Assam Accord, and ?not contradictory?. Asserting that people were commenting on the Citizenship Bill in response to a ?lot of rumours? being spread […]

Is Indonesian democracy up to the challenge?

Is Indonesian democracy up to the challenge?

Author: Editorial Board, ANU Viewed from most places in Southeast Asia, Indonesia?s upcoming presidential and parliamentary elections seem a landmark in a democratic success story. While good-news stories for democracy are few and far between throughout the region, this April Indonesians will for the fifth time in 20 years elect […]

Govt will soon make Aadhaar-driving licence linking mandatory: Ravi Shankar Prasad

Govt will soon make Aadhaar-driving licence linking mandatory: Ravi Shankar Prasad

Phagwara: Union Minister Ravi Shankar Prasad has said the government will soon make it mandatory for linking Aadhaar with driving licences. Delivering his presidential address at the ongoing 106th Indian Science Congress at Lovely Professional University here, the minister for Law, Electronics and Information Technology said, “We are soon going […]