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Asian stocks saw big foreign outflows in 2021 despite December buying

Cross-border investors purchased Asian equities worth a net $5.85 billion in South Korean, Taiwan, the Philippines, Vietnam, Indonesia, and India last month

Covid: Hong Kong bans incoming flights from 8 countries, including India

Incoming flights from Australia, Canada, France, India, Pakistan, Philippines, Britain and the United States, including interchanges, would be banned from Jan 8-21

Indian bond yields stabilise after early spike tracking oil prices

India's benchmark 10-year bond yield was trading steady on the day at 6.52% by 0655 GMT, after earlier rising to 6.54%, its highest level since Jan. 31, 2020

Oil steadies as investors weigh impact of surge in Omicron cases

The United States reported nearly 1 million new coronavirus infections on Monday, the highest daily tally of any country in the world

Future Group shares fall after court decision on Amazon arbitration appeal

Shares in Future Group companies fell on Wednesday, a day after an Indian court dismissed Future Retail's appeal to declare arbitration proceedings with Amazon.com Inc as illegal.

Japan's car sales fall but at slower pace as supply constraints ease

Auto sales are among data closely watched by analysts for clues on how quickly Japan's output and consumption can recover from last year's pandemic-induced slump

Bharat Biotech gets approval to test nasal Covid-19 shot as booster: Report

The vaccine maker submitted the late-stage trial application to the DCGI in December, adding that an intranasal vaccine as a booster dose will be easier to administer in mass vaccination campaigns

Indian health experts urge preparations for new wave of Covid-19

While doctors fretted, politicians, including PM Modi, appeared less concerned by the rising case numbers with many of them holding rallies ahead of assembly elections in several states

China central bank to step up cash injection before Lunar New Year: Report

China's central bank is set to "timely replenish" liquidity shortfalls before the Lunar New Year holiday, the state-owned China Securities Journal said

Sony plans to enter electric vehicle market with new company this year

Japan's Sony Group Corp plans to launch a company this spring to examine entering the electric vehicle market

Kazakhstan government resigns after violent protests over fuel price

Kazakh President Kassym-Jomart Tokayev accepted the government's resignation on Wednesday, his office said, after a fuel price increase

India's services growth slows in December as inflation pressures persist

Business confidence was at a four-month high in December on robust demand, yet rising coronavirus infections kept it in check

China Evergrande to meet with yuan bondholders to delay redemption date

The bonds in question are Hengda Real Estate Group's 4.5 billion yuan ($156.92 million) 6.98% January 2023 bond, which gives bondholders the option to sell bonds back to the issuer this weekend

Hong Kong hunts Covid patient's contacts, orders cruise ship back to port

The global finance hub has stuck to a zero-Covid strategy by largely isolating itself from the world and enforcing a draconian and costly quarantine regime

US carrier Allegiant Air to buy 50 Boeing 737 MAX jets: Report

The 737 MAX planes will help Allegiant's growth strategy and replace aging aircraft over the coming years, though it will continue to be an Airbus operator.

Asian shares slip as rising US Treasury yields hit global tech firms

Asian stocks slipped on Wednesday following a mixed Wall Street session as higher US Treasury yields weighed on global tech firms

How Tesla weathered global supply chain issues that knocked rivals

By Hyunjoo Jin

Dollar hits five-year high versus yen as Fed hikes seen on course

The US dollar rose for a fifth straight day against the Japanese yen on Tuesday, hitting a five-year high

Apple retreats again as valuation tops $3 trillion for second day

Apple Inc's stock market value peaked on Tuesday for a second day above a $3 trillion, but the iPhone maker's shares again failed hold that gain by the session's end.

Samsung likely to report best fourth-quarter profit on solid chip demand

Samsung is likely to post a record fourth-quarter profit thanks to solid demand for server memory chips and higher margins in contract manufacturing