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Asian stocks edge up as US trade deals, Mideast tensions curb risk appetite

The MSCI's broadest index of Asia-Pacific shares outside Japan crept up 0.5 per cent, while Japan's Nikkei was down 0.18 per cent

No deadline can be set for Ukraine memorandum: Kremlin spokesperson

"The drafts will be formulated by both the Russian and Ukrainian sides, these draft documents will be exchanged, and then - complex contacts to develop a single text," the Kremlin spokesman said

Leela's owner Schloss cuts IPO size by 30% to ₹35 bn amid market volatility

India's blue-chip Nifty 50 has rebounded in recent weeks and is up 4% for the year, after the country held a ceasefire with Pakistan and as some trade tensions eased

Trump to make Golden Dome announcement on Tuesday, says US official

Trump plans to make a 3 p.m. (1900 GMT) announcement in the Oval Office with Secretary of Defense Pete Hegseth, the White House said in an update to the president's schedule

IHH unit seeks $1.3 bn in damages from Daiichi Sankyo over Fortis deal

The latest petition filed by NTK seeks another 2.7 million rupees for losses arising from the unit's defamation claim against Daiichi Sankyo and accrued interest on the damages claimed

Asian stocks rise as investors weigh US debt, upcoming trade deals

With little indication of trade deals on the way, markets are struggling for direction, analysts said

US imposes visa bans on Indian travel agents over illegal migration links

The move comes amid President Donald Trump's broad crackdown on migration to the United States and efforts to deport undocumented immigrants in the country

Sebi threatens two offshore funds holding Adani Group shares with penalties

Indian regulations require that at least 25% of the shares of listed companies be held by public shareholders

Treasury yields rise; stocks, dollar fall amid tax bill, US downgrade focus

The US dollar weakened broadly, hitting a more than one-week low against the safe-haven yen, Swiss franc and euro. Against the Japanese yen, the dollar was down 0.38 per cent at 145.06

Nippon Steel plans to invest $14 billion in US Steel's operations

The super-charged investment pledge, up from an initial $1.4 billion, was pitched as part of a last ditch effort to win approval of the merger

India to tighten rules on firms with indirect foreign ownership: Report

The discussions are close to being finalised, the sources, both government officials said. They declined to be identified as the discussion was not public

Qatar Airways profit jumps 28% to $2.1 bn, expects strong demand ahead

Demand from the Gulf has defied a global slowdown, with regional airlines reporting steady bookings even as trade tensions, currency swings and recession fears weigh on key Western markets

South Korea's Kim Moon-soo open to discussing US troop cost amid tariff row

Some 28,500 American troops are stationed in South Korea as part of efforts to deter nuclear-armed North Korea

China's April factory output, retail sales growth slow amid trade war pause

Retail sales, a gauge of consumption, rose by 5.1 per cent in April, down from a 5.9 per cent increase in March and compared with forecasts for an expansion of 5.5 per cent

Nissan plans to close 2 car plants in Japan and overseas, including Mexico

Overseas, Nissan is considering ending production at plants in South Africa, India and Argentina, and cutting the number of factories in Mexico

Microsoft wants AI 'agents' to collaborate together and remember things

Microsoft is holding its Build conference in Seattle on May 19, where analysts expect the company to unveil its latest tools for developers building AI systems

Asian shares dip as China data disappoints, drop in Wall Street futures

The tariff war has weighed heavily on consumer sentiment and analysts will be scouring earnings from Home Depot and Target this week for an update on spending trends

Trump to enforce tariffs if nations don't negotiate in good faith: Bessent

He did not say what would constitute "good faith" negotiations or clarify the timing to announce any decisions to return a country to the various rates Trump initially imposed on April 2

China announces anti-dumping duties on US, EU, Japan and Taiwan

The commerce ministry's findings conclude a probe launched in May 2024, shortly after the U.S. sharply increased tariffs on Chinese electric vehicles, computer chips and other imports

US Treasury chief dismisses Moody's downgrade amid Trump tax cut debate

"I don't put much credence in the Moody's" downgrade, Bessent told CNN's "State of the Union" program