Markets.
Euro hits 17-month low as French debt fears widen; dollar strengthens
The single currency fell to US$1.1161 in Asian trading on Monday, its lowest since May 2025, while the US dollar index neared April 2025 highs.
TCS schedules Q2 FY27 results, dividend
India's largest IT firm will convene its board on October 8, 2026, to consider a second interim dividend, with a record date of October 14, 2026.
Hong Kong Green Finance urges scaled APAC transition funding
The Hong Kong Green Finance Association states that economies in the Asia Pacific must convert climate plans into large-scale financing, as transition bonds currently form a minor segment of the region's sustainable debt market.
Ryde Group faces US fraud lawsuit, Cayman Islands shareholder petition
Singapore-based ride-hailing firm Ryde Group, listed on the New York Stock Exchange, is defending a US class action alleging a pump-and-dump scheme and a Cayman Islands shareholder petition for a buyout of 6.9 million shares.
Saigon Gold Drops 0.42% as Vietnam Prices Fall
Saigon Gold Jewelry Company reported its gold bar price declined 0.42% to VND143.5 million per tael on Saturday.
Indian Equities Begin October with Eight-Week Losing Streak
The Nifty and Sensex indices recorded their longest weekly decline in a quarter-century as October began, recalling past market volatility during the month.
Vietnam's State Bank Hikes Reference Rate as Dong Slides
The State Bank of Vietnam increased its official exchange rate by 0.05% to VND25,636 after the dong slid against the US dollar earlier this week, with Vietcombank selling at VND26,190.
US Treasury Yields Climb as Jobs Report Tempers Fed Hike Bets
US 10-year Treasury yields rose to 5.281% on Friday, 2 October 2026, after September's nonfarm payrolls added a lower-than-expected 29,000 jobs.
Indian IPOs: Vishal Nirmiti, Nityas Gems Draw Varied Demand
Vishal Nirmiti’s public offering is 57% subscribed with an estimated ₹240 listing, while Nityas Gems & Jewellery reached 69% subscription, potentially listing at ₹79.
Markets Today: the Asian close, 2 October 2026
The Asian trading day in one place: 4 stories across currencies, central banks, equities and deals, collected at the close.
SK Group Chairman Chey to sell US$700 million SK Corp stake
Chey Tae-won will divest a 2.26 per cent interest in the South Korean conglomerate's holding firm, with the sale scheduled to begin on 2 November to fund a record divorce settlement.
Vingroup Share Drop Ranks Pham Thu Huong Third on Vietnam Rich List
Deputy chairwoman Pham Thu Huong's net worth fell to $3.9 billion as Vingroup shares plunged 13.8% from early September highs, while Vietjet Air's chairwoman gained.
Indian States to Auction ₹25,100 Crore in Government Securities
The Reserve Bank of India will conduct an auction on October 6, 2026, offering various tenors of State Government Securities to both institutional and individual investors through its E-Kuber system.
Indian Stocks Face "Negligible Returns" Cycle, Says Shankar Sharma
Investor Shankar Sharma attributes the Indian Nifty's 18% fall from its January 2026 peak to a post-boom "lake of returns", urging a shift to fixed income.
Markets Today: the Asian close, 1 October 2026
The Asian trading day in one place: 3 stories across currencies, central banks, equities and deals, collected at the close.
ASX faces proxy advisor push to reject executive pay
Institutional Shareholder Services (ISS) urges Australian Securities Exchange investors to vote against its pay report, citing a 23.6% share price drop last year and A$51.5 million in losses, ahead of the October 22 annual meeting.
India Bank Lending Rates Mixed, Deposits Cheaper in August
The Reserve Bank of India reported varied movements in commercial bank lending rates for August 2026, with outstanding loan rates easing slightly while fresh loan rates edged up. Deposit rates concurrently declined.
Singapore MAS appoints 5 managers for S$1.45bn equity development
The central bank’s programme aims to enhance liquidity and broaden trading beyond blue-chip stocks into smaller companies, drawing private capital.
Markets Today: the Asian close, 30 September 2026
The Asian trading day in one place: 5 stories across currencies, central banks, equities and deals, collected at the close.
Philippines Treasury Raises $1.36 Billion in Retail Bond Sale
The two-and-a-half-year offering generated PHP84.9 billion from individual investors, according to the Philippines treasury's report yesterday.
Hong Kong issues world's largest digital green bond, HK$20bn
The territory's latest digital bond offering, valued at US$2.55 billion, marks the largest such issuance globally to date.
Accrelist defends MClean divestment terms, buyer independence to SGX
Singapore-listed Accrelist yesterday clarified its RM30 million MClean Technologies divestment to the Singapore Exchange, addressing queries on pricing, buyer independence, and funding capability.
Indian Legacy Funds Outperform Newer Rivals in Volatile Market
Older asset managers delivered 3.2% average returns in large- and mid-cap funds, against 0.8% for newer firms, a Mint analysis found.
Anthropic targets US$2 trillion IPO, warns of AI economic shift
The artificial intelligence firm's confidential prospectus, reviewed by Reuters, asserts that AI will reshape the global economy more profoundly than past industrial revolutions.
Markets Today: the Asian close, 29 September 2026
The Asian trading day in one place: 4 stories across currencies, central banks, equities and deals, collected at the close.
Reserve Bank of India's Overnight Reverse Repo Auction Undersubscribed
The Reserve Bank of India accepted ₹33,770 crore in its one-day variable rate reverse repo (VRRR) auction today, significantly less than the ₹1,00,000 crore offered.
Shein Shares Dive 6% on 67% Profit Slide in Hong Kong
The fast-fashion retailer's adjusted net profit fell to US$228 million in the second quarter, pushing its margin to 2.1% amid rising freight costs.
India Gold, Silver Prices Drop Amid Global Economic Concerns
Futures contracts for gold and silver in India saw a sharp decline on Tuesday, with international bullion tumbling 4% to a seven-week low, influenced by elevated energy costs and Federal Reserve rate hike expectations.
US Dollar Nears Two-Month High as Fed Hike Odds Rise
The dollar index reached 101.2 on Tuesday, recording its best monthly performance since June, as Treasury yields climbed and markets priced in over 70% chance of an October Federal Reserve rate increase.
Markets Today: the Asian close, 28 September 2026
The Asian trading day in one place: 4 stories across currencies, central banks, equities and deals, collected at the close.
Reserve Bank of India Absorbs ₹1.98 Trillion from Money Market
The central bank's liquidity operations on 27 September included Marginal Standing Facility at 5.50% and Standing Deposit Facility at 5.00%.
Mainland China Stocks Plunge to 13-Month Low Amid Tech Sell-Off
The CSI 300 fell 2.2% on Monday, its lowest since August 2025, while the Star Market 50 dropped 4.1% as oil prices climbed above US$100 a barrel.
India Gold, Silver Futures Fall on Geopolitical Worries
Precious metal futures in India dropped on Monday, 28 September, with MCX gold down almost 2% and silver contracts declining 2.6% in early trading hours.
BOJ Policymakers Debated Faster Rate Hikes in July Meeting
Minutes from the Bank of Japan's July policy meeting reveal some officials pushed for quicker interest rate increases, citing escalating inflation risks.
Vietnamese Dong Weakens on Black Market Against US Dollar
Vietnam's unofficial exchange rate saw the dong trade at VND26,000 to the US dollar on Saturday, a 0.27% depreciation, while Vietcombank maintained its official rate.
Ligent Technologies jumps 4.6% on Hong Kong debut, raises HK$5.6bn
The optical communications unit of Hisense Group closed its first trading day last Tuesday with a valuation exceeding HK$35 billion, as mainland firms seek overseas capital.
China Consumer Stocks Plunge 18% as AI Focus Diverts Capital
MSCI China consumer goods sub-indexes hit near 10-year lows, contrasting sharply with tech gains, as August retail sales growth remained minimal.
Eswin Seeks US$300 Million Hong Kong IPO, Trading October 8
Chinese RISC-V chipmaker Beijing Eswin Computing Technology will begin soliciting investor orders on Monday for its Hong Kong initial public offering, aiming to raise around US$300 million.
HSBC: Asian Equities in AI Boom, Yields Tug of War
Herald van der Linde, HSBC's head of equity strategy for Asia-Pacific, notes a more positive stance on regional equities after the US Federal Reserve's September rate hike.
Akamai Surges on Anthropic Deal, Microsoft AI Boosts US Stocks
Akamai Technologies surged on an US$11.6 billion cloud services deal with Anthropic, while Microsoft unveiled new AI features for its Copilot app on 25 September 2026.
NSE India IPO raises $2.4bn, valued at $46.9bn
The National Stock Exchange of India completed its initial public offering on September 24, issuing 126.4 million shares at INR1,785 each.
SPR Auto Rallies 47% in 6 Months, Motilal Oswal Sees 37% Upside
Motilal Oswal Financial Services forecasts a ₹6,150 target price for the Delhi-headquartered auto components maker, which is shifting towards a diversified mobility platform.
Markets Today: the Asian close, 25 September 2026
The Asian trading day in one place: 5 stories across currencies, central banks, equities and deals, collected at the close.
Dewi Negara Fachri & Partners adds two finance partners
The corporate and finance lawyers join the Jakarta-based firm's association with Hogan Lovells Cadwalader, strengthening its legal services for Indonesian deals.
RBL Bank raises $350m in international debt debut
The Mumbai-headquartered lender issued senior unsecured notes at 5.791% via a Euro medium-term note programme.
Bursa Malaysia Awards 32 Firms for Investor Relations
The inaugural event on 4 September in Kuala Lumpur honoured listed companies and executives for transparent communication and market standards.
Japan's Katayama signals joint FX intervention readiness as yen hits 158
Finance Minister Satsuki Katayama affirmed principles for coordinated currency action with the US, following the yen's dip past 158 per dollar despite a Bank of Japan rate hike.
Accelya Solutions Leads Indian IT Dividend Yields for FY26
Accelya Solutions India recorded an 8% dividend yield for the 2026 fiscal year, surpassing major Indian IT firms like TCS and Infosys, despite an 11% decline in the Nifty IT index this year.
Markets Today: the Asian close, 24 September 2026
The Asian trading day in one place: 3 stories across currencies, central banks, equities and deals, collected at the close.
HKU, Gobi Partners Seek New Funding for HK Tech Startups
A joint delegation from the University of Hong Kong and Gobi Partners visited Astana and Tashkent, engaging with venture capital funds to identify new financing structures for Hong Kong's technology startups.
Singapore's Clifford Capital secures $802.4m in oversubscribed IABS issue
The Bayfront IX offering was two times oversubscribed, showing strong investor demand for infrastructure debt across Asia and globally.
India's RBI sets T-bill yields up to 6.0895% at latest auction
The Reserve Bank of India fully allocated ₹24,000 crore in short-term government debt across three tenors on 23 September, with the 364-day bills yielding 6.0895%.
Markets Today: the Asian close, 23 September 2026
The Asian trading day in one place: 3 stories across currencies, central banks, equities and deals, collected at the close.
Wong Koon Lup, Kenneth Low face S$76m misappropriation charges
Singaporean authorities have charged Wong Koon Lup and Kenneth Low, former executives of CW Group and Allied Technologies respectively, with conspiring in the misappropriation of tens of millions of dollars from their companies.
RBI Drains ₹2.28 Trillion from India's Money Markets
The Reserve Bank of India withdrew a substantial ₹228,546 crore from the financial system on 21 September 2026, pushing overnight money market rates to an average of 5.12 per cent.
RBI Absorbs ₹71,971 Crore in Overnight Reverse Repo
The Reserve Bank of India accepted all bids for its one-day variable rate reverse repo operation on 22 September 2026, aiming to withdraw ₹75,000 crore from the banking system.
Markets Today: the Asian close, 22 September 2026
The Asian trading day in one place: 5 stories across currencies, central banks, equities and deals, collected at the close.
Iambic Therapeutics, backed by Nvidia and QIA, files for US IPO
The drug developer, which has raised $461.8 million, joins a series of biotech listings capitalising on drug advancements and M&A activity this year.
Apollo Funds US$585m for Executive Centre's Asia-Pacific Growth
The debt financing package supports the workspace operator's expansion across Asia-Pacific and the Middle East, alongside refinancing existing obligations.
Tata Group Shares Plunge ₹52,000 Cr on Boardroom Row, RBI Mandate
Investor losses followed Tata Trusts' opposition to N Chandrasekaran's reappointment and the Reserve Bank of India's decision pushing for a Tata Sons public listing.
Seoul Stocks Climb on Tech Strength, Samsung Electronics Up 3.26%
The Korea Composite Stock Price Index (KOSPI) advanced 0.93% to 6,958.32 on Monday, with chipmakers leading gains despite elevated crude oil prices.
Turkish Authorities Freeze Fund Executives' Assets Amid Market Turmoil
Turkiye's Justice Minister Akin Gurlek announced asset freezes for executives at several investment firms, expanding an investigation into a fund-industry crisis that has seen billions of liras wiped from market value.
Markets Today: the Asian close, 21 September 2026
The Asian trading day in one place: 5 stories across currencies, central banks, equities and deals, collected at the close.
US Futures Rise, Oracle Jumps as Oil Retreats
US stock futures climbed on September 11, reversing recent losses as Brent crude prices eased. This occurred ahead of key US inflation data, with the European Central Bank already raising rates.
Multi-Chem CEO, COO Questioned in CPIB Probe; Shares Plunge 40%
Singapore-listed IT distributor Multi-Chem saw its stock halt trading after its chief executive and chief operating officer were asked to post bail and surrender travel documents.
S&P Global leads $110 million Kaiko funding round
The crypto data provider plans to expand its offerings across over 150 exchanges, drawing capital from major financial institutions including BNP Paribas and Nasdaq.
Paramount Nears Warner Bros Deal Settlement Amid Regulatory Pressure
Paramount Skydance is in advanced talks with US states to settle challenges to its US$110 billion Warner Bros Discovery takeover, facing US$7 million daily late fees if no agreement is reached by late September.
US Fed Rate Hike Shifts Singapore T-Bill Outlook
The Federal Reserve lifted its benchmark interest rate to 3.75–4 per cent on Wednesday, prompting varied forecasts for Singapore Treasury bills and broader asset classes.
Seoul KOSPI gains 2.66% as inflation concerns ease
Foreign investors turned net buyers, acquiring 424.6 billion won in shares, while the Korean won strengthened against the US dollar.
US Dollar Gains Against Vietnamese Dong in Unofficial Trade
Unofficial exchange points in Vietnam reported the greenback trading 0.23% higher at VND25,880 on Saturday, while Vietcombank maintained its official rate.
Indian Gold, Silver Prices Rise After US Fed Rate Hike
Retail 24K gold in India reached ₹1,53,600 per 10 grams today, following a 25 basis point interest rate increase by the US Federal Reserve, with silver gaining 85.49% over the past year.
MCX Gold Dips, Silver Rises Amid Rate Hikes, Crude Swings
India's Multi Commodity Exchange (MCX) saw gold October futures dip 0.08% and silver December futures rise 0.49% today, influenced by global crude prices.
BoJ hikes rates to 31-year high, yen falls against Singdollar
The Japanese currency fell over 1 per cent against both the Singapore dollar and US dollar after the 25 basis point increase to 1.25 per cent.
Vanguard Commits US$2.5 Billion to Vietnam Stocks After FTSE Upgrade
The US fund manager plans to disburse the capital within a year, following Vietnam's official reclassification to an emerging market by FTSE Russell on 21 September.
Bank of Japan Hikes Rates to 1.25%, Yen Softens
Tokyo's central bank raised its policy rate by 25 basis points to a 31-year high on Friday, prompting a 0.5 per cent weakening of the yen against the US dollar as Asian equities advanced.
NSE Listing on BSE to Trigger Indian Fund Portfolio Rebalance
India's National Stock Exchange will debut on 24 September at ₹1,785 a share, prompting mutual funds to review holdings in its rival, BSE.
South Korea FSS Curbs Leveraged Investing, Protects Minors, Elderly
The Financial Supervisory Service announced measures to protect investors from debt-financed trading, targeting minors and elderly clients as credit balances exceed ₩33 trillion.
Hero Motors, NSE IPOs Show Divergent Indian Unlisted Market Realities
Investors in Hero Motors face steep losses after its IPO priced 72% below unlisted trades, contrasting sharply with NSE shares that commanded a premium before listing.
Kuku Technologies Secures SEBI Approval for ₹3,500 Crore IPO
India's Kuku Technologies, a digital audio and video content platform, plans to fund technology, content production, and global expansion with proceeds from its upcoming public offering.
Indian Firms Set Dividend Record Dates; Today Last Day to Qualify
Fifty-four Indian companies, including Bajaj Holdings and Maharashtra Scooters, have set September 21 as their dividend record date, with today, September 18, being the last day to purchase shares.
Saigon Gold Bar Rises 1.23% Amid Global Bullion Gains
Saigon Jewelry Company's gold bar price increased to VND147.6 million per tael on Friday, supported by higher international spot rates and a softer US dollar.
Markets Today: the Asian close, 18 September 2026
The Asian trading day in one place: 7 stories across currencies, central banks, equities and deals, collected at the close.
Japanese Yen Hits 7-Month High on BOJ, Fed Rate Hike Bets
The Japanese yen reached a seven-month high against the US dollar this week. Markets anticipate Bank of Japan policy tightening and unwinding of carry trades, driving the yen's strength. Investors also monitor upcoming Federal Reserve and European Central Bank rate decisions.
RBI to Absorb ₹5 Trillion in Overnight Reverse Repo
The Reserve Bank of India plans to absorb ₹5 trillion from the banking system on September 9, 2026. This overnight variable rate reverse repo operation manages current liquidity.
Nifty, Sensex Fall 3rd Day: Brent Crude Above $100 as Asia Weakens
Indian equity benchmarks, Nifty and Sensex, declined for a third straight session on 9 September 2026. Global market weakness, elevated crude oil prices, and rising bond yields weighed on sentiment, with Asian indices also showing broad declines.
Indian Equities Face Lower Open as Crude Prices Climb Past $100
India's Sensex and Nifty 50 will open lower on 10 September, driven by global caution. Brent crude trades near $102 a barrel, revisiting a July high. Rising bond yields also contribute to market weakness, reviving inflation and interest rate outlook concerns.
Asian Markets Eye Gains as Oil Falls, BOJ Rate Hike Looms
Equity futures for Japan, South Korea, and Australia point higher today, following a Wall Street rally and easing inflation fears as Brent crude dipped below US$105.
Seoul Stocks Close Flat as Fed Rate Hike, Won Weakens
The Korea Composite Stock Price Index (KOSPI) ended largely unchanged on Thursday, down 0.04 percent, following the US Federal Reserve's rate increase, while the Korean won depreciated 13.6 won against the US dollar.
Kotak Securities analyst names three Indian stock picks
Amol Athawale, VP of Technical Research at Kotak Securities, recommends MFSL, HDFC Life, and Britannia for short-term gains as India's Nifty 50 shows recovery signs.
Markets Today: the Asian close, 17 September 2026
The Asian trading day in one place: 5 stories across currencies, central banks, equities and deals, collected at the close.
GSK secures global rights to Chimagen cancer drug in US$750 million deal
British pharmaceutical firm GSK announced on Tuesday its acquisition of global rights to a T-cell engager from Chengdu-based Chimagen Biosciences for treating multiple myeloma.
India's Gift Nifty Falls on US Yields, Crude Prices
India's Gift Nifty showed a negative start today as rising US bond yields and elevated crude prices weighed on sentiment, following Tuesday's broad declines.
Prasol Chemicals IPO Opens, Grey Market Premium Points to 8% Gain
Prasol Chemicals' ₹500 crore initial public offering (IPO) began bidding today. The speciality chemicals firm aims to raise capital. Grey market premiums (GMP) point to a potential 8% listing gain. Initial subscription levels remain modest.
Brookfield completes A$4.1bn acquisition of Reliance Worldwide
The global plumbing and heating systems manufacturer, listed on the ASX, operates across Asia-Pacific, EMEA, and the Americas.
RBI Absorbs ₹6.7 Trillion in Liquidity as Overnight Rates Stabilise
India's central bank pulled significant funds from the banking system on 15 September, while overnight money market volumes reached over ₹7 trillion at a 4.80% weighted average rate.
Markets Today: the Asian close, 16 September 2026
The Asian trading day in one place: 5 stories across currencies, central banks, equities and deals, collected at the close.
Korea Exchange after-hours debut triggers 1,637 volatility halts
The Korea Exchange's expanded after-hours session on Monday processed ₩1.8 trillion (US$1.3 billion) in trades, with observers linking a surge in price control activations to lower liquidity.
Kazakhstan secures Rmb10.3bn from China bond markets
Kazakhstan's Ministry of Finance and its Development Bank raised Rmb10.3 billion in September from China's onshore and offshore bond markets, establishing fresh Renminbi benchmarks.
India's RBI reports ₹6.73 trillion in overnight market activity
The central bank injected ₹4.05 trillion into the system through repo and marginal standing facilities, according to its September 11 data.
Vietcombank Raises Dollar Price 0.08% Against Dong
The US dollar strengthened against the Vietnamese dong on Tuesday, with Vietcombank selling the greenback at VND26,200, as global dollar gains reflected Federal Reserve rate hike expectations.