Page 546 - Bloomberg/workspace/business Standard Web/video

Recession worries hand emerging stocks worst first half since 1998

The MSCI EM Index has fallen about 17 per cent this year through Monday - the second-steepest plunge for the period in data stretching back to 1993

NFTs have 'fallen off the cliff' as sales, prices plummet in recent weeks

The crypto niche is on course to record its first month with under $1 billion in sales since June 2021, according to data tracker DappRadar

Mukesh Ambani's daughter Isha set to be named chairperson of retail unit

An announcement of Isha Ambani's elevation could come as early as Wednesday, according to people with knowledge of the matter, who asked not to be identified ahead of a formal statement

Attendance of Japan, S Korea at NATO Summit may stoke China's worst fears

For the first time, the leaders of Japan, South Korea, Australia and New Zealand will all attend a 30-member NATO Summit

Junk bond investors stung by China look to India and Southeast Asia

Asian junk bond investors are increasingly looking to smaller pockets of the market as a debt crisis among the biggest issuers, Chinese property developers, forces old playbooks to be rewritten

Jupiter CEO Andrew Formica quits to 'sit at the beach and do nothing'

Formica, 51, will leave the position on Oct. 1 and will also resign as a director of the London-based company on that date, according to a statement Tuesday

Netflix's plan to fix its subscription crisis starts in Asia: Report

The Asia Pacific region accounts for 15 per cent of Netflix's 221.6 million global subscribers and is forecast to be the biggest driver of further expansion

Crisis-hit Sri Lanka's economy shrinks 1.6% in the March quarter

The contraction likely marks the beginning of a painful and long recession for the country

Edtech company Byju's pushes back payments for $1 billion acquisition

Blackstone, which owned 38 per cent of Aakash, opted to defer payments due until this year, one of the people said

Ant-backed Zomato loses $1.1-billion market value in just two days

Zomato - among the first-generation of internet unicorns to tap into India's capital market - tumbled 8.4 per cent in Mumbai trading on Tuesday on top of a 6.6 per cent drop on Monday

India defies global slump with a record $82 bn dealmaking spree in Q2

India saw $82.3 billion pending and completed M&A deals in the second quarter, the highest amount on record, according to data compiled by Bloomberg

Tourists are rushing back to Thailand and Indians are leading the way

Foreign tourist arrivals totaled 2.03 million between Jan. 1 and June 26, deputy government spokeswoman Traisuree Taisaranakul said in a statement on Monday

Pallonji Mistry, Indian-Irish billionaire caught in Tata feud, dies at 93

Mistry and his family control the Shapoorji Pallonji Group, which started more than 150 years ago and today employs more than 50,000 people in over 50 countries

Want to buy a Mahindra XUV700? Your waiting time might be 22 months

Outstanding customer pre-orders for the seven-seater XUV700, which the Indian automaker launched in August, are running to around 70,000

The RBI is no fan of 'buy now, pay later' and it's wholly understandable

Last week, the Reserve Bank of India brought out its regulatory axe and hacked away at a popular path to small-ticket fintech loans

Commodities face recession test even as Goldman Sachs stays bullish

Across markets, there's growing talk that high prices for raw materials will be cured only by recessions in the second half

Tencent Holdings top backer Prosus to cut $134 billion stake: Report

Tencent declined in Hong Kong on Monday as investors pondered the extent to which Prosus, the Chinese company's biggest shareholder, will unload its stock

Zimbabwe central bank raises key rate to 200% amid rising inflation

The monetary policy committee more than doubled the key rate to 200% from 80%, Governor John Mangudya said in a statement on Monday

AI is using 'fake' data to learn to be less discriminatory and racist

Many AI makers are using 'synthetic' images to train computers on a broader array of people, skin tones, ages or other features

Airbus close to winning $5.5-bn order from Jet Airways: Report

Discussions are for A320neo jets and A220 planes, say sources