India hikes taxes on equity investments; fund managers see short-term hit
The Indian government raised the tax rate on equity derivatives trades and on capital gains from equity investments on Tuesday, which fund managers said may
July 23, 2024The Indian government raised the tax rate on equity derivatives trades and on capital gains from equity investments on Tuesday, which fund managers said may
July 23, 2024Asian stocks are mostly lower as markets digest Japanese and Australian business data, while U.S. stocks held relatively steady as earnings reporting season ramped up for big companies
July 23, 2024Japanese electric motor maker Nidec raised its full-year operating profit forecast by 4.3% on Tuesday off the back of a recovery in demand for hard drive motors, efforts to raise its
July 23, 2024India will spend $24 billion in job-spurring efforts over the next five years and boost rural spending, Finance Minister Nirmala Sitharaman said on Tuesday in the 2024/25 budget, unveiled
July 23, 2024Broadening pay hikes among smaller firms is crucial, said Japan's top government spokesperson, Yoshimasa Hayashi, underscoring the
July 23, 2024India's federal government said on Tuesday that it will spend a record 11.11 trillion rupees ($132.85 billion) on infrastructure in the financial year ending March 2025 to support
July 23, 2024The first hearing date has been set in a class action against miner Rio Tinto for historical environmental and social damage caused by the Bougainville copper mine in Papua New
July 23, 2024India's finance minister unveiled $576 billion in spending plans in the current fiscal year on Tuesday, marginally higher than interim budget estimates, aiming to
July 23, 2024Thailand recorded 19.6 million foreign tourist arrivals from January to July 21 period, the Tourism Ministry said Tuesday, up 34% from the same period a year earlier.
July 23, 2024The Bangladesh government said on Tuesday it would heed a Supreme Court ruling that 93% of state jobs be open to competition,
July 23, 2024Bangladesh is still without internet for a fifth day and the government declared a public holiday Monday, as authorities maintained tight control despite apparent calm following a court order that scaled back a controversial system for allocating government jobs that sparked violent protests
July 22, 2024South Korean prosecutors have arrested the founder of the country’s tech giant Kakao Corp. on suspicion of stock price rigging during his company’s takeover of a major K-pop agency last year
July 23, 2024Singapore's key consumer price gauge rose 2.9% in June from a year earlier, lower than economists' forecasts and the lowest reading since March 2022, official data showed on
July 23, 2024China's first cut to major short- and long-term interest rates in 11 months drew a distinctly ho-hum reaction from the commodities that usually would
July 23, 2024The first Black Marsh Turtle hatched in captivity in Cambodia is being carefully nurtured by conservationists until it can be released back into the wild as part of a
July 23, 2024China's top companies have raised a record $14 billion in offshore convertible bonds so far this year as they diversify future funding needs while interest rates
July 23, 2024China said on Tuesday that it added 6.98 million urban new jobs in the first half of the year, according to the human resources ministry.
July 23, 2024The Philippines gaming regulator will cancel the licenses of offshore gambling firms, most of them Chinese owned, and will work with law enforcement agencies
July 23, 2024China's central bank's decision to lower the collateral requirement for medium-term loans will alleviate the "asset famine" pressure on the bond market, state media reported on
July 23, 2024Some of the biggest global drugmakers, undeterred by mounting Sino-U.S. tensions, are scouring for deals in China to replenish drug
July 23, 2024Global stocks edged lower after paring early gains while U.S. bond yields dropped on Tuesday as markets awaited economic data and a plethora of corporate earnings,
July 23, 2024Financial markets will close and people given the day off work as Typhoon Gaemi barrelled towards Taiwan on Tuesday bringing strong winds and torrential
July 23, 2024After more than a year of moderate expansion, South Korea's economic growth likely slowed to a near halt last quarter as higher borrowing costs held back
July 23, 2024Pakistan's Interior Ministry says police have raided the imprisoned former Prime Minister Imran Khan’s political party office in Islamabad and arrested its spokesman for carrying out anti-state propaganda
July 22, 2024India's government assigned billions of dollars for job creation and regions run by key coalition partners in a budget
July 22, 2024