Asia

South Korean Firm Kakao Corp. To Acquire 9.05% Stake In SM Entertainment   Kakao Corp of South Korea announced on Tuesday that it will acquire a 9.05 percent stake in…

Europe Bans Russian Diesel, Other Oil Products Over Ukraine Conflict   Europe imposed a ban on Russian diesel fuel and other oil products, slashing energy dependency on Moscow and seeking…

Asian Stocks Fall, While The Dollar Regains Ground Ahead Of US Payrolls Data   On Friday, Asian stocks fell and the dollar regained some of its footing after disappointing earnings…

China To Launch Market-Making Business On Bond Markets   China’s securities regulator announced on Friday that it will begin market-making business on its exchange bond market on February 6 in…

Bangladesh wants revision of 2017 power purchase deal with Adani Power   Media reports suggested that the “high coal price” to be purchased for the Adani plant at India’s Jharkhand…

Samsung to manufacture premium Galaxy S23 smartphones in India   Korean smart devices maker Samsung on Thursday said it will manufacture its premium Galaxy S23 smartphones in India to cater…

UBS’s Wealth Business in Asia Looks Out of Place   The regional wealth management business is neither a US-type brokerage nor a classic Swiss private bank. finews.asia breaks down yesterday’s…

Asia’s factory activity contracts despite China easing Covid curbs China’s factory activity shrank more slowly in January after Beijing lifted tough Covid curbs late last year, a private sector survey…

Thailand Will Begin Building $9 Billion ‘Aviation City’ This Year   The project is one of Thailand’s biggest megastructure proposals to date. Smaller aviation cities are growing in popularity, such…

Chinese Business Activity Rebounds In January After COVID Pivot – PMI   By Ambar Warrick Chinese business activity grew past expectations in January, government data showed on Tuesday, as the…