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Tech meltdown: China's $1.9-trillion stock rout has no end in sight

Chinese tech shares are particularly vulnerable in an environment where investors are shunning risk

Certain positive developments in talks with Ukraine: Vladimir Putin

Russia had received more than 16,000 applications from people in West Asian countries to help fight in two separatist regions of eastern Ukraine

Cairn Oil & Gas to spend $4 billion, aims 3 times production increase

As high prices make investments attractive, firm charts plan for next 3 years

Vedanta's Anil Agarwal bets $4 bn on oil hunt amid price surge

Cairn's plan stands out compared to producers around the world, most of whom are staying away from committing investments in oil and gas

Near-term outlook complicated, but bullish on equities: ICICI Pru's S Naren

Value opportunity in stocks is more and we think over the next 2-3 years, the opportunity will continue to exist, says S Naren, CIO, ICICI Prudential Asset Management Co

Covid deaths worldwide 18 million, three times official tally: Study

The pandemic's death toll may be three times higher than official Covid-19 records suggest, according to a study that found stark differences across countries and regions

Crypto brain drain is 'crazy' in India, says Polygon co-founder Nailwal

India's dithering on whether to embrace digital assets is causing thousands of developers, investors and entrepreneurs to leave for places with more friendly regulation, said Polygon co-founder

Bitcoin drops below $40,000 as Biden-inspired optimism fades

Most of the top cryptocurrencies were down at least slightly in the 24 hours to 4:15 p.m. Hong Kong time

Toshiba split proposal dealt blow after proxy advisor rejects plan

Activist investor Effissimo Capital Management, which holds a roughly 10 per cent in Toshiba, also spoke out against the plan on Thursday

Amazon splits stock 20-for-1, reports $10-billion share buyback

Amazon conducted three splits in the 2 1/2 years following its 1997 initial public offering and then halted the practice

US inflation hit fresh 40-year high of 7.9% before crude oil spike

While February was once forecast as the peak for US inflation, now readings are set to increase to above 8 per cent, according to some economists

A billion dollars a day, global funds keep selling India stocks

India's $3.2 trillion stock market is witnessing an unprecedented foreign selloff as the surge in oil prices fuels worries of an inflation shock in the major energy-importing nation

Amazon jumps on plan to split stock by 20-to-1 ratio, buy back up to $10 bn

Amazon is planning to split its stock for the first time in more than two decades in a move that will end an era of four-digit stock prices for the biggest US technology companies

The unravelling of Ashneer Grover: How a startup king lost his lustre

Showdown between co-founder of BharatPe and his colleagues comes at the height of a boom for India's startup scene.

India's gaming startup Loco gets $42 mn from South Korea's Hashed, others

India's Loco has raised $42 million led by South Korea's early-stage venture fund, Hashed, as a gaming frenzy takes hold in the country of nearly 1.4 billion people

Cathay staff spent equivalent of 200 years in quarantine in 2021

Aircrew spent more than 62,000 nights in quarantine hotels, while another 1,000 staff - from pilots to head office teams - were put into Penny's Bay for over 11,000 nights

Bitcoin tops $42,000 as Biden kick-starts US cryptocurrency oversight

The largest cryptocurrency rose as much as 10 per cent to $42,427 on Wednesday morning in New York, its highest level since March 2

Here's how surging oil prices shift the economic outlook in Asia

As a net importer of energy, Asia is vulnerable to the oil price spike triggered by Russia's invasion of Ukraine

Apple may be challenged by Aramco as world's most valuable firm

Though Aramco is still more than 10% away from reclaiming the top spot, the continued surge in energy prices as countries impose sanctions on Russia's oil has raised the possibility

Coffee climbs as oil rally, Brazil weather add to supply threat

Arabica futures rose as much as 1.3%, adding to Tuesday's jump of almost 4%