Foreign outflows from Asian equities surge in July on virus worries
Foreigners dumped Asian equities in July on mounting concerns over the Delta variant of the coronavirus, while China's crackdown on its tech companies also hit sentiment.
Foreigners dumped Asian equities in July on mounting concerns over the Delta variant of the coronavirus, while China's crackdown on its tech companies also hit sentiment.
Abu Dhabi conglomerate International Holding Co (IHC) expects to increase its takeover activity, including in India and Turkey, as global market turbulence has created "a buyers' market," its chief executive told Reuters on Wednesday.
Turkish defence firm Baykar said its first jet-powered unmanned aerial combat vehicle (UCAV) completed its maiden flight on Wednesday, as the company continues to gain popularity globally, most recently by helping Ukraine's army fight Russian forces.
The World Health Organization on Thursday said several contaminated syrups and suspension medicines had been identified in countries in the WHO regions of the Americas, the Eastern Mediterranean, South-East Asia and the Western Pacific.
Federal prosecutors in Chicago on Thursday said they are reconsidering their criminal case against disbarred California attorney Tom Girardi following his conviction in Los Angeles last month.
Malaysia's central bank is expected to leave its key interest rate at a record low on Thursday to help support the economy's recovery as coronavirus cases rise, even as it has benefited from strong external demand.
India's vegetable oil imports are estimated to decline further in the 2024-25 season to 15 million metric tons, as favourable weather will likely boost domestic production, an industry group said.
The death toll from weekend flash floods and mud slides in Indonesia's West Sumatra province rose to 62 on Wednesday, authorities said, while rescuers were searching areas near rivers for 25 people who are still missing.
The Philippine and Indian navies have sailed together for the first time in the South China Sea, officials said on Monday, as President Ferdinand Marcos left Manila for New Delhi for a state visit.
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Indonesian authorities said other climbers had safely evacuated Mount Dukono, which had been off-limits because of volcanic activity. By John Yoon and Muktita Suhartono At least three hikers were ...
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Hundreds of Indonesians prayed out in the open next to rice paddies and in the streets on Friday, as the death toll from an earthquake that flattened their town in western Java rose to 310.
Consumption of sugar and edible oils in India, the world's largest market, is declining as a shortage of commercial gas cylinders has forced restaurants to scale back operations during the summer holiday season.
Global forecasters say a strong El Niño weather pattern is increasingly likely to develop in the second half of the year, boosting temperatures, disrupting rainfall and posing risks to crops the world over.
With the foundations for a global tax deal finally laid down by the G7, officials are limbering up for a clash over exemptions and other carve-outs for specific industries and special economic zones, with China at the centre.
Global deaths from tuberculosis are estimated to have increased between 2019 and 2021, reversing years of decline as the COVID-19 pandemic severely derailed efforts to tackle the disease, the World Health Organization said on Thursday.
An Indonesian cafe is jumping on the global Squid Game bandwagon, hoping to fuel its pandemic recovery by recreating some of the games from the South Korean television series in its cafe space.
A frozen Arctic vault built to preserve global agricultural crops from extinction received seeds on Tuesday from the largest number of new contributors yet, a custodian of the remote facility said.
Trukkr, a fintech platform for Pakistan’s trucking industry, said on Tuesday it had raised $6.4 million in a funding round and also received a non-banking financial company (NBFC) licence.
Malaysia has agreed to raise the threshold for its palm oil windfall profit levy effective next year and will set the tax rate at 3% nationwide, the finance minister said on Friday.
The Philippines will stick to its position on Sabina Shoal, it said on Thursday, even while exploring ways to ease tension in the area during "frank and candid" talks with China on managing disputes in the key waterway of the South China Sea.
Philippine authorities on Friday filed several counts of money laundering against a fugitive former town mayor accused of links to Chinese criminal syndicates.