🎯Today's Asia Stocks Pulse
Updated 10m agoWhat's happening: India targets ₹80,000 crore divestment, spurring PSU rally
The Indian government has announced an ₹80,000‑crore dis‑investment target for the next fiscal year. The plan, which combines strategic stake sales and asset monetisation, has lifted public‑sector undertaking stocks and boosted equity markets. Industry leaders have welcomed the move as a way to unlock value in formerly state‑owned firms.
Also developing:
- •JSW Infra to raise ~₹6,325 crore via share issue to meet 25% public stake rule
- •Timken India posts 14% YoY revenue rise, broker rates Accumulate
- •Asian markets mixed as AI concerns weigh on Wall Street
- •Asian stocks dip, oil climbs amid Iran tension
Blog•Feb 11, 2026
ICYMI - PBOC Pledges Loose Policy, Ample Liquidity in Q4 Report
China’s central bank reaffirmed an “appropriately loose” monetary policy in its Q4 report, promising ample liquidity and the option to cut reserve‑requirement ratios or interest rates. The PBOC highlighted support for domestic demand, technology innovation and small‑medium enterprises while keeping financing costs low. It also pledged a flexible yuan exchange rate with safeguards against excessive volatility. Finally, the bank emphasized expanding macro‑prudential tools to protect financial stability amid a fragile recovery.
By investingLive – Asia-Pacific News Wrap
Social•Feb 11, 2026
Japan FSA Pushes Firms to Reinvest Cash, Boost Returns
"The [Japan] Financial Service Agency is currently conducting a review of the Corporate Governance Code with a desire to see improved capital efficiency through companies both reinvesting excess cash into their core business and increasing shareholder returns" - AVI
By Michael Fritzell
Blog•Feb 11, 2026
PBOC Is Expected to Set the USD/CNY Reference Rate at 6.9109 – Reuters Estimate
The People’s Bank of China is set to announce the USD/CNY reference rate around 0115 GMT, with Reuters estimating a midpoint of 6.9109. China’s managed‑floating system keeps the yuan within a ±2 % band around this rate, blending market data with...
By investingLive – Asia-Pacific News Wrap
Blog•Feb 10, 2026
Westpac Sees RBNZ Holding OCR, Nudging First Rate Hike to December 2026
Westpac projects the Reserve Bank of New Zealand will keep the Official Cash Rate at 2.25% in its February 18 meeting, but expects the first rate hike to arrive in December 2026, slightly earlier than previously forecast. The bank notes...
By investingLive – Asia-Pacific News Wrap
News•Feb 10, 2026
Sharp's Plan to Sell Japan LCD Plant to Parent Foxconn Falls Through
Sharp announced that its plan to sell the Kameyama No. 2 LCD panel plant in Mie Prefecture to parent company Foxconn has collapsed, prompting a shutdown slated for August. The company will cut 1,170 jobs through early‑retirement packages and record a...
By Japan Today – Business
News•Feb 10, 2026
Honda Reports Declining Profit
Honda Motor Co announced a 42% plunge in profit for the nine months through December, falling to 465.4 billion yen from 805.2 billion yen a year earlier. Sales dipped 2.2% to 15.98 trillion yen, yet the company kept its full‑year profit forecast of...
By Japan Today – Business
Blog•Feb 10, 2026
Economic and Event Calendar in Asia Wednesday, February 11, 2026, China Inflation Data
China will publish its January 2026 CPI and PPI data today, offering the first post‑holiday inflation signals of the year. Analysts expect headline consumer inflation to edge up to roughly 0.6‑1.2% year‑on‑year, buoyed by seasonal food and service price spikes...
By investingLive – Asia-Pacific News Wrap
News•Feb 10, 2026
Govt to Sell up to 5% in BHEL at ₹254/Share; OFS Opens Wednesday
The Indian government announced an offer‑for‑sale (OFS) of up to 5% of Bharat Heavy Electricals Ltd (BHEL), comprising 17.41 crore shares at a floor price of ₹254 per share. The base issue is 3% with a 2% greenshoe option, opening to...
By The Hindu BusinessLine – Markets
Blog•Feb 10, 2026
USD/JPY Continues to Fall After US Retail Sales Miss
USD/JPY fell for a second day as Japan’s new lower‑house majority under Prime Minister Fumio Takaichi spurred a rally in Japanese equities and a shift of capital into the yen. The decline was amplified by weak U.S. retail‑sales data and...
By investingLive – Asia-Pacific News Wrap
News•Feb 10, 2026
SEBI Tightens Norms for CRAs to Rate Instruments Under Other Regulators
The Securities and Exchange Board of India (SEBI) issued a circular tightening obligations for credit rating agencies (CRAs) when they rate instruments overseen by other regulators. The new framework mandates separate email IDs, distinct web disclosures, and unchanged minimum net‑worth...
By The Hindu BusinessLine – Markets
News•Feb 10, 2026
Vedanta Aluminium Boosts Billet Production to 830,000 Tonnes per Annum
Vedanta Aluminium has raised its Jharsuguda billet output to 830,000 tonnes per year, adding 250,000 tonnes of new capacity and a 120,000‑tonne Primary Foundry Alloy line. The upgrade uses advanced casting and homogenising technology from Wagstaff and Hertwich, cementing the...
By The Hindu BusinessLine – Markets
News•Feb 10, 2026
Diversification Key as Broking Revenues Feel Policy Pinch, Says Crisil
Crisil’s latest report finds that broking firms with diversified revenue streams have weathered recent regulatory curbs and the budget‑proposed securities transaction tax (STT) hike better than pure‑play transaction brokers. An analysis of 25 firms across FY25 and H1 FY26 shows...
By The Hindu BusinessLine – Markets
News•Feb 10, 2026
TSMC Approves US$44.96 Billion Budget Amid AI Boom
Taiwan Semiconductor Manufacturing Co (TSMC) approved a US$44.96 billion capital budget to expand advanced, mature and specialty technology capacity, upgrade packaging, and build new fabs. The plan includes upgrading its Kumamoto plant to 3‑nanometer production to meet surging AI demand. The...
By Focus Taiwan (CNA) – English News
News•Feb 10, 2026
Broker’s Call: BSE (Accumulate)
Bombay Stock Exchange posted a stellar Q3 FY26, with profit after tax soaring 173% YoY to ₹600 crore, propelled by a 119% jump in options average daily turnover. Infrastructure expansion continues, with 500 colocation racks already live and an additional 80...
By The Hindu BusinessLine – Markets
News•Feb 10, 2026
Taiwan Sets Aside NT$30 Billion to Cushion Auto Industry Amid U.S. Tariff Deal
Taiwan’s Ministry of Economic Affairs has earmarked NT$30 billion (about US$950 million) to help the island’s auto and parts sector absorb shocks from pending U.S. tariff changes under a new Taiwan‑U.S. trade pact. Officials estimate the tariff impact could shave more than...
By Focus Taiwan (CNA) – English News
News•Feb 10, 2026
Aarvee Engineering Consultants Gets SEBI Nod for IPO
Aarvee Engineering Consultants received SEBI approval to launch an IPO comprising a fresh equity issue of up to ₹202.5 crore and an offer‑for‑sale of 6.75 million promoter shares. The company plans to use the proceeds to repay roughly ₹76 crore of existing debt...
By The Hindu BusinessLine – Markets
News•Feb 10, 2026
Entellus Industries Bags ₹50 Crore in Funding to Scale Rare Earth Metals and Alloy Manufacturing
Entellus Industries announced a ₹50 crore ($5.5 million) funding round led by ZeroW, adding to a prior $12 million raise from Social Capital. The capital will fund capital‑expenditure to launch sintered‑alloy production, targeting high‑stress automotive components such as engines and transmissions. The company...
By The Hindu BusinessLine – Markets
News•Feb 10, 2026
Fractal Analytics, Aye Finance IPOs See Tepid Day 2 Response
Fractal Analytics and Aye Finance saw muted demand on day two of their IPOs, with overall subscription rates of just 0.20 times and 0.16 times respectively. Fractal trimmed its offering from the originally planned ₹4,900 crore to about ₹2,834 crore, pricing shares between ₹857...
By The Hindu BusinessLine – Markets
News•Feb 10, 2026
Broker’s Call: Jyothy Labs (Hold)
Axis Securities maintains a Hold rating on Jyothy Labs, setting a target price of ₹270 against a current market price of ₹249.85. The company posted a 5% revenue increase to ₹740 crore in Q3FY26, supported by 7.2% volume growth and strong...
By The Hindu BusinessLine – Markets
News•Feb 10, 2026
Vice Premier to Leave for U.S., Sign Tariff Agreement: Sources
Taiwan’s Vice Premier Cheng Li‑chiun will lead a delegation to the United States to sign the Agreement on Reciprocal Trade (ART) later this week. The deal reduces U.S. tariffs on Taiwanese goods from 20% to 15% and secures a commitment...
By Focus Taiwan (CNA) – English News
News•Feb 10, 2026
Rupee Closes 9 Paise Higher at 90.57 Against US Dollar
The Indian rupee closed at a provisional 90.57 per US dollar, gaining 9 paise after shedding early losses. The modest appreciation was driven by a rally in domestic equities and a weakening dollar index that slipped below the 97‑level. Analysts expect...
By The Hindu BusinessLine – Markets
News•Feb 10, 2026
ITRI Breaks Ground on NT$3.77 Billion Advanced Chip R&D Base
Taiwan’s Industrial Technology Research Institute (ITRI) has broken ground on a NT$3.77 billion Advanced Semiconductor R&D Base in Hsinchu, slated for completion in December 2027 with operations beginning Q1 2028. The publicly funded campus will feature high‑bay clean rooms, seismic‑resistant structures, and pilot...
By Focus Taiwan (CNA) – English News
News•Feb 10, 2026
Embassy Developments Shares Fall 4% Despite 240% Jump in Quarterly Pre-Sales
Embassy Developments Limited reported a 240% quarter‑on‑quarter rise in pre‑sales to ₹1,392 crore for Q3 FY26, with new bookings climbing 193% to 1.19 million sq ft. Despite the sales surge, the stock slipped 3.97% to ₹64.75, trading under an Additional Surveillance Measure after the...
By The Hindu BusinessLine – Markets
News•Feb 10, 2026
AXISCADES Shares Surge 5% After Strong Q3 Results, Revenue Jumps 25%
AXISCADES Technologies posted a 25% year‑on‑year revenue increase to ₹343 crore in Q3 FY26, driving its shares up 5% to ₹1,238.50. EBITDA jumped 55.3% to ₹63 crore, with margins expanding to 18.3%, while profit after tax nearly doubled 87.2% to ₹28 crore. The...
By The Hindu BusinessLine – Markets
News•Feb 10, 2026
SEBI Stalls New Exchanges' Entry Into Options Market, Sources Say
India's securities regulator SEBI has halted the National Commodity and Derivatives Exchange (NCDEX) and the Metropolitan Stock Exchange (MSE) from launching equity derivatives, insisting they first build robust cash‑equity businesses and upgrade technology. Both exchanges had applied for approval to...
By The Hindu BusinessLine – Markets
News•Feb 10, 2026
Sky Gold Shares Drop 5% Despite Strong Q3 Results
Sky Gold & Diamonds reported a 77% YoY revenue jump to ₹1,768 crore and a 120% surge in profit after tax to ₹80.53 crore for Q3 FY26, with EBITDA margins expanding to 7.34%. Despite the strong fundamentals, the stock fell 5.25% to...
By The Hindu BusinessLine – Markets
News•Feb 10, 2026
Titan Shares Rise Ahead of Q3 Results, Trading Near 52-Week High
Titan Company Ltd shares rose 0.5% to ₹4,280.35, touching a 52‑week high of ₹4,329.60 ahead of its Q3FY26 earnings release. Analysts project a net profit of roughly ₹15.5 billion, up from ₹12 billion a year earlier. The stock has outperformed the broader...
By The Hindu BusinessLine – Markets
News•Feb 10, 2026
Gold, Silver ETF Inflow Pips Equity MF Schemes
For the first time, inflows into gold and silver ETFs in India have outpaced all equity mutual‑fund schemes. Gold ETFs attracted ₹24,040 crore and silver ETFs ₹9,463 crore in February, pushing passive AUM up 6 percent to ₹15.41 lakh crore. Equity scheme inflows fell to...
By The Hindu BusinessLine – Markets
News•Feb 10, 2026
Kumar Mangalam Birla Hikes Stake in Vodafone Idea, Stock Jumps 4%
Promoter Kumar Mangalam Birla increased his holding in Vodafone Idea by purchasing a total of 4.09 crore shares at ₹11.13 per share, raising his stake to 0.02 percent. Following the buyback, Vi’s shares jumped 4.04 percent to ₹11.58 on the BSE. Emkay Global...
By The Hindu BusinessLine – Markets
Social•Feb 10, 2026
Restructuring, Not Diversification, Will Power Japan’s Equity Gains
What will be the next driver of returns for Japanese equities? We already have large and increasing returns of capital via dividends and buybacks, driven by the corporate governance reform. But, the next cab off the rank, and the major outcome the...
By Jamie Halse
News•Feb 10, 2026
Sensex, Nifty Likely to Rise on Tuesday with Bullish Derivatives Trend
Indian equity indices are expected to edge higher on Tuesday as Nifty futures trade around 25,915, with the market eyeing a 26,000 resistance level. Derivatives data shows a Put‑Call Ratio of 1.05 and strong open‑interest buildup at the 26,000 call...
By The Hindu BusinessLine – Markets
News•Feb 10, 2026
Taiwanese Firms Must Diversify From China Despite Structural Limits: Experts
Taiwanese firms are gradually shifting manufacturing out of China, driven by rising geopolitical and regulatory risks. Experts describe the move as a long‑cycle adjustment toward Southeast Asia and India, aiming to climb the value chain into AI and semiconductor sectors....
By Focus Taiwan (CNA) – English News
News•Feb 10, 2026
Why TCS, CUB, Marico, GRSE, Shree Refrigerations, HAL, Ceigall, Godrej Agrovet, Axiscades, Anant Raj, UVS Hospitality to Remain Active in...
A wave of strategic moves is energising India’s corporate landscape on February 10, 2026. Tata Consultancy Services teamed up with Redzone to fast‑track AI‑enabled manufacturing, while City Union Bank announced RBI‑approved MD R Vijay Anandh. Marico’s Southeast Asian arm is acquiring 75%...
By The Hindu BusinessLine – Markets
Social•Feb 10, 2026
Nifty Stalls Below 25,900, Breakout Needed for Upside
Nifty Outlook as on 10-02-2026 .......This is the rising channel for the nifty actions... What are the important levels for nifty, Now it's been struggling to get past the high that we made over here on a closing basis, which is...
By Rohit Srivastava
News•Feb 10, 2026
SEC Upholds Fines vs NOW over Disclosure Violation
The Philippine Securities and Exchange Commission affirmed PHP1 million fines for NOW Corp. and its chair Mel Velarde after finding their November 2021 market disclosure misleading. The regulator rejected NOW’s appeal, labeling the statement a "half‑truth" that misled investors about a alleged...
By Philippine Daily Inquirer – Business
News•Feb 10, 2026
GCash Parent Mynt Keeps IPO Option Open
Mynt, the parent of GCash, is keeping an IPO on the table while accelerating its payments, lending and wealth‑management services. The fintech arm delivered P6.1 billion in attributable equity earnings in 2025, a 64% jump year‑on‑year, and its lending subsidiary Fuse...
By Philippine Daily Inquirer – Business
News•Feb 10, 2026
Baidu-Backed Smart Lock Maker Lockin Applies for Hong Kong IPO
Lockin, the Baidu‑backed smart‑lock maker, has filed a prospectus for a Hong Kong main‑board IPO, with China Galaxy International as sole sponsor. The company shipped 1.3 million locks in 2024, ranking fourth globally (2.6% share) and leading China’s apartment segment with 5.8%...
By KrASIA
Social•Feb 10, 2026
Public Bank Hits Record High, Boasts Top Efficiency
Public Bank at record high close RM5.08. The bank is celebrating 60 yrs in 2026. Founded in 1966 by TS Teh Hong Piow. Largest Shareholders: 1. Consolidated Teh Holdings: 21.6% 2. EPF: 18.25% 3. KWAP: 5.02% Public is most efficient from cost & ROE...
By Azharuddin | Azha Investing
Social•Feb 10, 2026
Nio's $2.6B Battery Swap Bet Threatened by Fast Charging
Chinese EV maker Nio raises US$2.6 billion bet on battery swapping Company touts 100 million swaps, but fast-charging batteries are eating into the technology’s speed advantage, analyst says https://t.co/5WP0l9ZSXA via @scmpnews
By Paul Triolo
News•Feb 10, 2026
Indonesia’s Opaque Stock Market Risks USD 60 Billion Outflow
Indonesia’s equity market faces a potential $60 bn outflow if MSCI downgrades it from emerging to frontier status. MSCI halted new Indonesian inclusions on Jan 27, citing weak transparency and low free‑float ratios, prompting a 7.3% drop in the Jakarta Composite. Regulators...
By KrASIA
Social•Feb 10, 2026
SMIC Beats Forecast on Chip Demand, Yet Remains Cautious
SMIC Earnings Top Expectations on Strong Chip Demand, Outlook Cautious Question no one asks: Wouldn't it have been good to have SMIC as cutting edge node producer given where demand is? https://t.co/BlRZpOYkmc
By Paul Triolo
Social•Feb 10, 2026
EU Mulls 30% Tariff or Euro Devaluation to Counter China
1/5 Reuters: "The EU should consider either an unprecedented 30% across-the-board tariff on Chinese goods or a 30% depreciation of the euro against the renminbi to counter a flood of cheap imports, a French government strategy report said on Monday." https://t.co/1HcSSyRLJx
By Michael Pettis
News•Feb 9, 2026
Japan Logs Record Current Account Surplus for 2nd Straight Year in 2025
Japan recorded a historic 31.88 trillion yen current‑account surplus in 2025, the second year of record balances and an 11.1 percent rise from the prior year. The surplus was driven by a 4.7 percent jump in primary income from overseas investments and a...
By Japan Today – Business
Social•Feb 10, 2026
China's Growth May Slip to 2.5% without Action
1/11 SCMP: "China’s potential growth rate could fall to about 2.5 per cent in the coming years unless action is taken, prominent Chinese economist Zhou Tianyong has warned." https://t.co/9xqpRhz105
By Michael Pettis
Social•Feb 10, 2026
Hour Glass EPS Spikes as Rolex Index Hits Bottom
Here are the LTM EPS for The Hour Glass. The turn came in March 2025, just when the WatchCharts Rolex index bottomed. Coincidence? https://t.co/1dQwTByVBg
By Michael Fritzell
News•Feb 9, 2026
Share of Domestic Institutions in Nifty-50 Ownership Exceeds FIIs for First Time
Domestic institutional investors (DIIs) have overtaken foreign institutional investors (FIIs) in Nifty‑50 ownership for the first time, holding 24.8 % versus FIIs’ 24.3 % as of December 2025. The shift follows a year of expanding DII stakes across most index constituents while...
By The Hindu BusinessLine – Markets
Social•Feb 10, 2026
BYD Unveils 10,000‑cycle Sodium Battery Technology
BYD says it has developed sodium batteries with cycle life up to 10,000 https://t.co/LVmbk7yACN via @CnEVPost
By Paul Triolo
Social•Feb 10, 2026
Flat Earnings, 60% Stock Drop Signals Future Disruption
Interesting thing is to see 2nd Exhibit- earnings were OK (flattish) for 4 yrs but in the same period stocks were down about 60%. This is what can happen when there is view on longer term disruption which does not...
By Samir Arora
News•Feb 9, 2026
Groww Adds More Clients than Entire Industry in January
Groww added roughly 353,000 active demat accounts in January 2026, surpassing the entire industry’s net gain of 302,000 accounts. This surge lifted its market share to 27.66%, a 60‑basis‑point rise from December. The broker now serves 12.48 million clients, cementing its...
By The Hindu BusinessLine – Markets
Podcast•Feb 9, 2026•9 min
Nikkei Hits Record After Takaichi Victory
The episode examines the surge of Japan's Nikkei index past 57,000 points after Prime Minister Sanae Takaovich's decisive election win, analyzing its implications for the Japanese economy. Host Andrew Peach also discusses Indian farmers' worries about a new interim trade...
By BBC World Service – World Business Report