India stocks hit record intraday highs as exit polls predict a decisive Modi win

India stocks hit record intraday highs as exit polls predict a decisive Modi win

Narendra Modi, India’s prime minister, center, during a campaign rally in Agra, Uttar Pradesh, India, on Thursday, April 25, 2024. Modi doubled down on his attacks against the main opposition party by using language critics say sows division between the country’s Hindu majority and Muslim minority. Photographer: Prakash Singh/Bloomberg via Getty Images Bloomberg | Bloomberg … Read more

Modi’s BJP alliance set to win parliamentary majority

Modi’s BJP alliance set to win parliamentary majority

Indian Prime Minister Narendra Modi addresses a public meeting at Jerenga Pathar in the Sivasagar district of India’s Assam state on Jan. 23, 2021. Biju Boro | AFP | Getty Images India’s Prime Minister Narendra Modi looks set for a rare third consecutive term in power, as local exit polls on Saturday suggested his Bharatiya … Read more

Japan confirms first currency intervention since 2022

Japan confirms first currency intervention since 2022

New Japanese 1000 Yen banknote on display inside the Currency Museum of the Bank of Japan’s Institute for Monetary and Economic Studies. The new banknotes will start circulate from July 3, 2024.  Sopa Images | Lightrocket | Getty Images Data from Japan’s Ministry of Finance Friday confirmed the country’s first currency intervention since 2022, after … Read more

Bangkok, Ho Chi Minh, Jakarta, Manila

Bangkok, Ho Chi Minh, Jakarta, Manila

Bangkok, Thailand has seen an 18.1% growth in residential rental prices on a year-on-year basis, according to JLL. Alexander Spatari | Moment | Getty Images Singapore and Hong Kong are generally considered Asia’s more vibrant real estate markets. But some up-and-coming cities are giving these traditional hubs a run for their money, with some even … Read more

Mark Mobius says he’ll still be bullish on India no matter the election results

Mark Mobius says he’ll still be bullish on India no matter the election results

Mark Mobius, Chairman Mobius Emerging Opportunities Fund speaking on CNBC’s The Exchange on March 27th, 2024. Adam Jeffery | CNBC Veteran emerging markets investor Mark Mobius said India’s election outcome will not change his bullish views on the country. The world’s most populous nation kicked off a multi-phase election on April 19, as nearly one … Read more

SK Inc. surges 16% after chair’s $1 billion divorce settlement

SK Inc. surges 16% after chair’s  billion divorce settlement

Chey Tae-won, billionaire and chairman of SK Group, prepares to leave after speaking during the Nikkei Forum Future of Asia in Tokyo, Japan, on Thursday, May 23, 2024.  Kiyoshi Ota | Bloomberg | Getty Images Shares of SK Inc., one of South Korea’s biggest conglomerates, surged as much as 16% on Thursday after a court … Read more

Google to invest $2 billion in Malaysia and build data center to meet AI demand

Google to invest  billion in Malaysia and build data center to meet AI demand

The Google corporate logo hangs outside one of its offices on August 31, 2021. Sean Gallup | Getty Images Google on Thursday said it will invest $2 billion in Malaysia, with part of the funds going toward building its first data center and cloud region in the country, as the demand for AI and cloud … Read more

Singapore pushes for green data centers as AI strains energy resources

Singapore pushes for green data centers as AI strains energy resources

Erik Isakson | Digitalvision | Getty Images SINGAPORE — Singapore is pushing for green data centers as the explosive demand for artificial intelligence puts a strain on energy resources. The city-state launched a green data center roadmap on Thursday to support its ambitions for the digital economy as demand for AI and computing grows. “As … Read more

Apple to open first store in Malaysia as Asia expansion continues

Apple to open first store in Malaysia as Asia expansion continues

The new iPhone 15 Pro is displayed during an Apple event at the Steve Jobs Theater at Apple Park in Cupertino, California, on Sept. 12, 2023. Justin Sullivan | Getty Images News | Getty Images Apple plans to open its first store in Malaysia next month, the company said Wednesday, underscoring a bigger push into the … Read more

China calls on Japan and South Korea to reject ‘protectionism’

China calls on Japan and South Korea to reject ‘protectionism’

SEOUL, SOUTH KOREA – MAY 26: South Korean President Yoon Suk Yeol (3rd, L) talks with Chinese Premier Li Qiang (2nd, R) during a bilateral meeting at Presidential Office on May 26, 2024 in Seoul, South Korea.  (Photo by Ahn Young-Joon – Pool/Getty Images) Pool | Getty Images News | Getty Images   China on … Read more