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Despite rise in exports, Chinese car sales fall for fifth straight month

Sales fell 1.1 per cent from the same month a year earlier to 1.92 million vehicles, data from the China Passenger Car Association showed

After Ola Electric, e-scooter maker Ather Energy files for $536 million IPO

The IPO is the latest in India's booming stock market that has attracted about 200 companies to raise more than $7 billion through IPOs so far this year, per LSEG data

Bajaj Housing Finance's $782 mn float kicks off busy week for Indian IPOs

This week alone, IPOs of 16 companies open for subscription, including Bajaj Housing Finance's smaller peer Sammaan Capital

Carrefour teams up with Dubai's Apparel Group for expansion in India

India is grappling with severe food price inflation, which accounts for nearly half of the overall consumer price basket, weighing on the country's fast-growing economy

Japan's Panasonic energy unit finalises prep for 4680 EV battery production

The bigger 4680 cells will allow automakers to extend the driving range of electric vehicles and use fewer cells to achieve the same battery pack capacity, Panasonic Energy said in a statement

Japan's new PM likely to pledge more spending to support economy, growth

The winner of the Liberal Democratic Party's (LDP) leadership race, scheduled on Sept. 27, will become next prime minister due to the party's control of parliament

Australia's Domino's served with class action on 'misleading' Japan mkt

Echo Law on its website said the class action was in relation to a Domino's announcement made on Nov. 3, 2021

Couche-Tard asks Seven & i for talks as it rejects $38.5 bn offer

Seven & i said the deal was not in the best interest of its shareholders and could face antitrust challenges in the US

Big Lots sells biz to Nexus Capital as it begins bankruptcy proceedings

A stalking horse bid is used as a starting or minimally accepted offer that other interested bidders must surpass if they want to buy the asset or the company

Big Lots sells biz to Nexus Capital as it begins bankruptcy proceedings

A stalking horse bid is used as a starting or minimally accepted offer that other interested bidders must surpass if they want to buy the asset or the company

Rupee flat as markets expect RBI support; other Asian currencies slip

While there is a small possibility that the RBI may let the currency weaken slightly below the 84 mark, runaway moves remain quite unlikely

China's CPI rises to 0.6% due to weather disruption, PPI stuck in deflation

Extreme weather this summer from deadly floods to scorching heat has pushed up farm produce prices, contributing to faster inflation

South Korea summit to target 'blueprint' for use of AI in military

At the first summit was held in Amsterdam last year, where the United States, China and other nations endorsed a modest "call to action" without legal commitment

Indian bond yields may dip; no clarity over Fed rate hike to limit fall

Markets have fully priced in a rate cut of at least 25 bps at the Fed's policy decision due on Sept. 18, with expectations for a 50 bps remaining around 30%

US slowdown impact: Rupee may dip on risk aversion; Fed uncertainty remains

The Reserve Bank of India likely intervened on multiple occasions last week to support the rupee

Boeing reaches labour deal with 25% pay hike, new plane commitment

Boeing is wrestling with a quality crisis and faces scrutiny from regulators and customers, after a January incident when a door plug on a near-new MAX blew off an Alaska Air jetliner while in mid-air

China planning to allow wholly foreign-owned hospitals in some areas

Removal of restrictions on foreign investment in these fields comes as world's second largest-economy faces growing headwinds with flagging foreign business sentiment one of issues threatening growth

Russian state media outlet RT will continue to work in West, says editor

The United States also announced actions targeting RT, including Editor-in-Chief Margarita Simonyan, calling her "a central figure in Russian government malign influence efforts"

Ukraine expresses concern over transfer of Iranian missiles to Russia

In a statement emailed to reporters, the ministry said the deepening military co-operation between Tehran and Moscow was a threat to Ukraine, Europe and the Middle East

Byju's auditor BDO resigns after start of bankruptcy proceedings, firm says

Byju's defended its inability to provide the documents, saying in a statement the materials were requested from the firm's board, which has been suspended