Category: Business News

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Indonesia plans its first yuan-denominated panda bond issuance in China. A consortium of banks will arrange this debut offering in China’s market. Bank of China leads as underwriter, with others joining as bookrunners. The country holds investment-grade ratings and an AAA onshore rating. Details on size, tenor, and pricing await market conditions.

Japan’s Nikkei share average advanced on Tuesday after a significant weekly decline. Markets reopened and investors bought bargains following last week’s sharp selloff. The benchmark Nikkei 225 recovered some of its previous losses. Investor attention now turns to upcoming second-quarter earnings from major tech companies. This rebound follows a broader market trend influenced by global…

Japanese Prime Minister Sanae Takaichi unveiled her first economic blueprint, promising stronger investment in strategic industries while reaffirming the Bank of Japan’s monetary policy independence. The plan comes as rising bond yields and investor concerns over fiscal spending and political influence on the BOJ keep markets on edge.

Ant International has raised $1.2 billion in a fresh funding round backed by Ant Group and Alibaba to accelerate its global expansion across merchant payments, financial services and enterprise solutions.

Bajaj Auto Q1 Results: The company’s revenue from operations came in at Rs 21,689 crore, a sharp 65% jump from Rs 13,133 crore in the same period last year, Bajaj Auto said in a regulatory filing.

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SBI Funds Management Share Price: SBI Funds Management debuted with a nearly 7% premium over its IPO price, falling short of grey market expectations. Despite this, brokerages remain bullish, with Emkay assigning a Rs 750 target price and Equirus Rs 675, while analysts advise long-term investors to hold the stock on strong fundamentals.

Dixon Technologies shares may see a rally after recent declines from their peak. Government approval for the Vivo joint venture is a significant development for smartphone manufacturing. New policy support for electronics manufacturing aims to boost domestic production and global competitiveness. Expanded customs duty exemptions are expected to lower input costs for the company. These…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…