Region Asia-Pacific Financial News

12.08 / 04:33

FIVE COMPOSITE MSCI Cummins star exclusive index MSCI index rejig may result in $1.4b inflows into stocks

MSCI has added eight Indian stocks to its Global Standard Index and removed one as part of its quarterly index review. The changes will likely result in an inflow of nearly $1.4 billion from foreign passive funds when the actual changes take place on August 31. A release by MSCI on Friday said it had added HDFC Asset Management, IDFC First Bank, Ashok Leyland, Astral, Cummins India Kirloskar, REC, Power Finance Corporation, and Supreme Industries to its Global Standard Index and removed ACC.

12.08 / 01:57

UPS Google Pool Southern Celebrity stage Google doodle celebrates 2023 FIFA Women's World Cup Quarter Finals

Also read: Google Doodle celebrates Women's Fifa World Cup 2023 The 2023 FIFA Women's World Cup, co-hosted by New Zealand and Australia, commenced on July 20. The group stage concluded on August 3, leading up to the Round of 16 matches scheduled from August 5 to 8. The ultimate climax, the final, is set to take place on August 20.

09.08 / 13:05

Cooper Fighting testing Pentagon eyes missile testing role for Australia

Australia could be a testing ground for US hypersonic and other long-range precision weapons under the AUKUS pact, a top Pentagon official told AFP on Wednesday. US Secretary of the Army Christine Wormuth said Australia's contribution to the three-way AUKUS agreement, which includes Britain, «doesn't always have to be dollars».

08.08 / 19:19

UPS Digital Software POT Celebrity Deal Boutique Boutique investment banks strike tech deal partnership

An Australian technology investor has entered a partnership with a UK-based investment banking and advisory shop, in a bid to match local tech companies with overseas sources of capital.

08.08 / 07:49

Provident Target Platform BlackRock country BlackRock targets batteries in $NZ2b Kiwi climate fund

Giant investor BlackRock has singled out large-scale battery storage and electric vehicle charging infrastructure among priority near-term investments for a new $NZ2 billion ($1.86 billion) fund that will invest in infrastructure to underpin New Zealand’s goal for a fully renewables-powered grid by 2030.

08.08 / 04:53

COST UPS Citi UBS Customers James Hardie profits jump as customers ‘sit on the sidelines’

James Hardie lifted prices by 12 per cent in Australasia in the June quarter, pushing profit margins in the region to an all-time high even though its sales volumes slipped.

07.08 / 02:27

Lowe's Mobile country India sees significant increase in inflammatory bowel disease, says Lancet study

inflammatory bowel disease (IBD) has increased to more than 5 per cent compared to 0.1 per cent in 2006, new Telangana-based research published in The Lancet Regional Health-Southeast Asia journal said. IBD accounted for more than 5 per cent of patients presenting lower gastrointestinal symptoms such as abdominal chronic pain, bowel habit changes and chronic diarrhoea, the study conducted by the IBD Center of the Asian Institute of Gastroenterology (AIG), Hyderabad, found.

04.08 / 13:21

Lowe's Mobile country Urbanisation intensifies the prevalence of inflammatory bowel disease in India, reveals Lancet Study

Urbanisation could be the main cause behind the prevalence of inflammatory bowel disease (IBD) in India. The disease has increased to more than 5 per cent compared to 0.1 per cent in 2006, according to a study published in The Lancet.

03.08 / 08:59

Citi Career LinkedIn Morningstar show PAC PAC Capital owner lasted three months at JP Morgan Manila

Sydney fund manager Clayton Larcombe worked for US investment bank JP Morgan for three months, in the Philippines, not the two years claimed on his now-defunct LinkedIn profile.

31.07 / 12:53

FIVE Manufacturing Assurant Strategy Align stage cover foreign NOT IMF packages, foreign bailouts will not suffice to keep Pakistan economy afloat: Report

IMF agreement has prevented Pakistan from going into default, at least temporarily, it has also set off a vicious cycle that has happened a few dozen times before in the nation's history, reported The Diplomat. Saudi Arabia made a USD 2 billion deposit into the State Bank of Pakistan (SBP) after the IMF agreement, and the UAE had already committed to making a USD 1 billion contribution.

25.07 / 21:15

UPS Provident Waves Extreme country social Disaster Warning Asia-Pacific needs disaster warning systems to counter rising climate change risks, report says

A United Nations report says the Asia-Pacific region needs to drastically increase its investments in disaster warning systems and other tools to counter rising risks from climate change

23.07 / 15:01

FIVE country end Russia and China end military exercises in Sea of Japan

Russia and China have ended their joint naval exercises in the Sea of Japan, the Russian defence ministry announced Sunday, as the two allies seek to deepen their military ties. The two massive countries, which share a common desire to counter what they see as American hegemony, have grown closer in the military sphere since Russia launched its Ukraine offensive last year, a move China has not condemned. The Russian defence ministry previously said the main goal of the latest exercises, which began on Thursday, was to «strengthen naval cooperation» between the two countries and «maintain stability and peace in the Asia-Pacific region».

18.07 / 10:43

UPS Provident Booking PayDay Deal Done deal: George Clinical sold for $500m after FIRB snag

George Clinical, the Sydney-headquartered contract research business, has rung up a big payday for its investors after Hillhouse Capital cleared deal-closure hurdles put up by the Foreign Investment Review Board.

12.07 / 06:53

Target MET Cooper Action Strategy rights China lashes back at NATO criticism, warns it will protect its rights

NATO's accusation that China challenges the bloc's interests and security, and opposed any attempt by the military alliance to expand its footprint into the Asia-Pacific region. In a strongly worded communique issued midway into a two-day summit in the Lithuanian capital of Vilnius on Tuesday, NATO said the People's Republic of China (PRC) challenged its interests, security and values with its «ambitions and coercive policies».

12.07 / 02:01

MET Reuters Cooper Progressive expansion China strongly opposes NATO's expansion into Asia-Pacific region; Warns of 'resolute response'

Reuters reported. The statement, released on Tuesday, stated that China rejects the references to China in NATO's joint communique from the summit held in Vilnius, Lithuania. It further emphasized China's commitment to firmly protect its sovereignty, security, and development interests.

07.07 / 18:35

Facebook COST Twitter Target Manufacturing Platform Action Meta Platforms Midday movers: Meta Platforms, Alibaba, Rivian rise; Levi Strauss falls

Investing.com — U.S. stocks were rising despite a weaker-than-expected jobs report and renewed fears that the Federal Reserve will continue to raise interest rates.

29.06 / 20:35

Blockchain interview Decentralization Blockchain Game LayerZero’s market shifting, there’s a better environment ahead for everyone, CEO says

The outlook for the crypto industry is bright. As a matter of fact, the present isn’t even all that grim, Bryan Pellegrino, CEO of cross-chain interoperability protocol LayerZero, told Cointelegraph at the Collision conference in Toronto. “2015 was basically unbearable. […] Nobody cared; there was nothing. This really doesn't seem that bad to me,” Pellegrino said.

23.06 / 02:29

business Hackers hacks Dark Web 100K ChatGPT logins have been leaked on dark web, cybersecurity firm warns

Over the past year, more than 100,000 login credentials to the popular artificial intelligence chatbot ChatGPT have been leaked and traded on the dark web, according to a Singaporean cybersecurity firm.

14.06 / 04:10

UBS Bank of China Bank of China Uses Ethereum Blockchain for $28 Million Digital Structured Notes – Crypto Adoption on the Rise?

Bank of China's investment arm BOCI has utilized the Ethereum blockchain network to issue $28 million worth of digital structured notes.

12.06 / 19:27

business Blockchain Tokens Bank of China issues $28M in digital structured notes on Ethereum blockchain

On June 12, Bank of China's investment bank subsidiary BOCI announced the issuance of 200 million Chinese Yuan ($28 million) worth of digital structured notes minted on the Ethereum blockchain. The move makes the BOCI the first Chinese financial institution to issue a tokenized security in Hong Kong. Investment banking company UBS helped originate the product for placement to its client in the Asia-Pacific region. Ying Wang, the deputy CEO of BOCI, commented:

04.04 / 18:09

Blockchain Ethereum Adoption defi Venture Capital Startups Cross-Chain LayerZero raises $120M to expand cross-chain messaging efforts

Cross-chain messaging protocol developer LayerZero Labs has raised another $120 million, according to an Apr. 4 announcement. The company plans to use the capital to increase its headcount and expand its reach into the Asia-Pacific region. The company had previously raised $135 million in March 2022.

breaking news about region Asia-Pacific

What is the current situation in region Asia-Pacific?

In region Asia-Pacific, the spotlight is on local government initiatives that spark public discussion.

Where can I find reliable news about region Asia-Pacific?

We publish reliable reports about the situation in region Asia-Pacific, based on information from trusted sources.

What shapes the media agenda in region Asia-Pacific?

The news landscape of region Asia-Pacific is shaped by major cultural and social events, reflecting its specific characteristics.