South Korea’s equity benchmark headed for a bull market as purchases by foreign investors helped boost shares of chipmakers and firms that are part of the electric-vehicle supply chain.
India’s government is poised to deny crucial funding for billionaire Anil Agarwal’s chip venture, a setback for a $19 billion push to make semiconductors in the country.
Hong Kong’s stock exchange is looking to automate its handling of exchange-traded products in a bid to streamline trading as it plays catchup with Asian rivals.
The Philippines moved a step closer to establishing a sovereign wealth fund after the Senate approved the bill, about a week after President Ferdinand Marcos Jr. declared it an urgent measure.
Asian stocks are poised to slide Wednesday after momentum in US equities faded and Congress considered the debt accord that’s needed to head off a catastrophic default.
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