HK shares hit close to 6-week excessive on tech increase; China market range-bound

Hong Kong stocks end higher as tech heavyweights rebound

SHANGHAI, Oct 20 (Reuters) – Hong Kong stocks hit a near six-week high on Wednesday, aided by a sustained rebound in technology names, while China shares were range-bound amid lingering uncertainty around monetary policies and China Evergrande Group’s debt woes. ** The Hang Seng index rose 1.3% to 26,125.96 in morning trade and was on … Read more

EXCLUSIVE India plans refiners’ joint oil offers to chop import invoice

EXCLUSIVE India plans refiners' joint oil deals to cut import bill

A worker rides a bicycle at the Bharat Petroleum Corporation refinery in Mumbai, April 24, 2008. REUTERS/Punit Paranjpe NEW DELHI, Oct 19 (Reuters) – India is forming a group that brings together state-run and private refiners to seek better crude import deals, oil secretary Tarun Kapoor said on Tuesday, as the country grapples with soaring … Read more

Abu Dhabi’s tech hub sees surge of curiosity from start-ups

Abu Dhabi's tech hub sees surge of interest from start-ups

General view of Abu Dhabi, United Arab Emirates, January 3, 2019. Picture taken January 3, 2019. REUTERS/ Hamad I Mohammed/File Photo/File Photo DUBAI, Oct 19 (Reuters) – Abu Dhabi’s new technology hub says it has seen a surge in interest from start-up firms in the United Arab Emirates and abroad despite the economic impact of … Read more

Key Evergrande deal to promote stake in unit placed on maintain – sources

Key Evergrande deal to sell stake in unit put on hold - sources

The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly Song Deal to sell 51% in property services unit put on hold -sources Evergrande paid onshore bond coupon due Tue – sources Sunac made $27.14 mln offshore coupon payment -source HONG KONG/SHANGHAI, Oct 19 … Read more

S.Korean shares rebound on tech increase, easing China property woes

Hong Kong stocks end higher as tech heavyweights rebound

* KOSPI rises, foreigners net buyers * Korean won strengthens against U.S. dollar * South Korea benchmark bond yield falls * For the midday report, please click SEOUL, Oct 19 (Reuters) – Round-up of South Korean financial markets: ** South Korean shares ended higher on Tuesday, boosted by tech heavyweights that tracked Nasdaq’s gains and … Read more

Tech shares assist Asian markets shake off China blues

Tech stocks help Asian markets shake off China blues

A man looks at stock market monitors in Taipei January 22, 2008. REUTERS/Nicky Loh HONG KONG, Oct 19 (Reuters) – Asian shares bounced on Tuesday, led by technology names across the region and as Chinese markets clawed back ground lost after disappointing economic data, while the improved investor confidence weighed on the safe-haven dollar. MSCI’s … Read more

Chip tech agency Arm plans to slash improvement time for related gadgets

Chip tech firm Arm plans to slash development time for connected devices

An Amazon Echo Spot is seen on a bedside table in a bedroom in an Amazon ‘experience center’ in Vallejo, California, U.S., May 8, 2018. REUTERS/Elijah Nouvelage SAN FRANCISCO, Oct 18 (Reuters) – Arm Ltd, the British chip technology firm in the midst of a $54 billion takeover by Nvidia Corp (NVDA.O), on Monday announced … Read more

Why Indonesia’s Youth Maintain the Key to its Tech Sector Progress

Why Indonesia’s Youth Hold the Key to its Tech Sector Progress

Kayla Goode is a research analyst at Georgetown University’s Center for Security and Emerging Technology (CSET), where she works on the CyberAI Project. Heeu Millie Kim is a semester research analyst at Georgetown University’s Center for Security and Emerging Technology (CSET), where she works on the CyberAI project. More on: Indonesia Technology and Innovation Robots … Read more

U.S. invoice would cease Large Tech favoring its personal merchandise

EXCLUSIVE Big Tech targeted by U.S. and EU in draft memo ahead of tech and trade meeting

The logos of Amazon, Apple, Facebook and Google in a combination photo/File Photo WASHINGTON, Oct 18 (Reuters) – About a dozen U.S. senators from both parties on Monday formally introduced a bill that would bar Big Tech platforms, like Amazon (AMZN.O) and Alphabet’s (GOOGL.O) Google, from favoring their products and services. read more The bill … Read more

Indian shares hit document highs as tech, financial institution shares rally

Indian shares flat as energy gains offset tech, pharma losses

People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, November 4, 2020. REUTERS/Francis Mascarenhas BENGALURU, Oct 14 (Reuters) – Indian shares closed at record highs on Thursday and ended the holiday-shortened week with a more than 2% gain, powered by a rally in banking and technology stocks. The NSE Nifty 50 index … Read more