Asian Economics: Trending Business News From Asia
Here is some of the top news from Asia you need to know to stay updated on the region’s economic landscape. South Korea Plan To Invest $7 Billion In The Next 3 Years The South Korean President, Yoon Suk Yeol, announced on 9 April 2024 that the nation will invest $7 billion in artificial intelligence…
abhinav singh
World’s Largest Economies: Richest Nations In The World
International Monetary Fund has declared the ‘Largest economies in the world’ list based on the countries’ nominal GDPs. The list is filled with the usual contenders like India, China, Germany, Japan, and the United States Of America. In this blog, we will go through the list and will tell you about the largest economies in…
Shipra Prajapati
Asia’s Top Business News Round-Up
Asia is one of the highest-growing regions on the planet and every day new developments take place in this region. Read this news to stay up to date with all the latest developments from Asia. Asian Stocks Show Good Performance On Wall Street Asian Stock rose on Wall Street, marking a good year-end performance. Many…
Vishal Prajapati
India’s Equity Market Cap Touches $4 Trillion Mark
A few weeks ago we heard that that India will soon cross the $4 trillion mark, and now that news has come to fruition. Indian Equity market cap has finally reached the $4 trillion mark. The total market cap of all the stocks listed on the BSE hit an all-time high figure of ₹ 333…
JYOTI
Indonesia Lays Out Its Investment Plans For G7 Funding
In a step towards reducing its carbon emissions, Indonesia is all set to take the G7 investment deal. Indonesia aims to reduce its energy carbon emissions to 250 million tonnes and increase its share of renewable energy to 44% by 2030. This is a part of the G7 deal, JETP (Just Energy Transition Partnership). G7,…
Asian News Round-Up: Top News From Asia
The continent of Asia has some of the most powerful countries in the world. Asia has also been a place where the major production of goods takes place. So it’s safe to say that there is a lot that takes place in Asia. Today we will give you 3 of the top news from Asia. …
Japan PM Fumio Kishida Arrives India On Two-Day Visit
Japanese Prime Minister Fumio Kishida arrived in India on Monday for the summit and to explore ways to boost bilateral ties with India. Union Minister Rajeev Chandrashekar received PM Fumio Kishida from Delhi airport in the morning. During his two-day visit, he will meet India’s Prime Minister Narendra Modi to discuss India’s presidency for G-20…
Vipin
SoftBank To Sell One-third Of Its Stake Via Block Deal
Japan-based SoftBank is to sell its stake of One97 Communication, owner of Paytm, worth $200 billion through a block deal on Thursday. BofA Securities, Bank of America, is the deal’s banker. SoftBank has offered to sell shares in the price band of Rs 555-601 single piece. At the lower end of the band, it is a…
SHAHID MUSHTAQ
Global Forex Reserves See A Record Decline Of $1 Trillion
Global foreign-currency reserves are declining rapidly as the central banks of India and the Czech Republic step in to support their currencies. This year reserves have fallen by around 7.8% ($1 trillion). It is the biggest decline since Bloomberg began gathering data. Valuation changes have contributed significantly to this downturn. The dollar’s rise to two-decade…
Toyota Missed April Production Target Due To Parts Shortage
Japan’s largest automobile company Toyota said on Monday that it missed the global production target for April due to the COVID-19 outbreak and parts shortage that slowed its post-pandemic recovery. Toyota is the world’s largest vehicle producer by sales, produced 692,259 vehicles last month, a 9.1% drop from the same month of last year and…
Vikas