Asia Stocks News and Headlines
Asia Stocks News and Headlines
Asia Stocks Pulse
EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
Philippine stocks tumbled on Monday as the PSEi slipped 2.79% to 6,426.83 points, driven by heightened US‑Iran tensions and fears of rising oil prices. The sell‑off was broad‑based, with the services sector falling 4.11% and foreign investors exiting with net outflows of P784.64 million. Despite the decline, market activity remained robust, posting a net‑value turnover of P7.5 billion. Only the mining‑oil index and a few heavyweights like DigiPlus posted modest gains.
Manulife Investments has launched the Singapore Opportunities Income Strategy under the Monetary Authority of Singapore’s Equity Market Development Programme. The fund will invest exclusively in Singapore‑listed equities, emphasizing small and mid‑cap stocks where research coverage is thin and valuation gaps...
Tycoon Eusebio Tanco invested an additional P1.04 billion in DigiPlus Interactive Corp., buying 63.12 million shares (1.4% of outstanding equity) at P16.40 per share. The purchase raises his direct holdings to 10.43 million shares and indirect holdings to 712.62 million shares, underscoring strong confidence...
Anand Rathi Research upgrades Jindal Stainless (JDSL) to BUY with a target price of ₹940, up from ₹900, as the stock trades at ₹782.90. The firm projects a V‑shaped volume growth, rising 9% YoY in FY26, moderating to 6% in...
India’s economy is modernising rapidly, creating a fertile backdrop for mid‑cap equities. The India Capital Growth Fund highlights three stocks positioned to capture this wave: Multi Commodity Exchange (MCX), which benefits from a deepening commodity market; Aether Industries, a niche...
CIMB Securities upgraded ViTrox Corp Bhd to a Buy, raising its target price to RM5.90 on stronger earnings outlook. The broker lifted FY26 and FY27 EPS forecasts by up to 15% after noting higher shipment volumes in the MVST and...
Pakistan’s benchmark KSE‑30 index suffered a record intraday plunge, sinking 9.8% before trimming losses to 7.3% after an hour‑long trading halt. The sharp drop was sparked by heightened geopolitical tension after the United States and Israel launched strikes on Iran....
Indian defence stocks rallied as Middle East tensions rose after Iran's Supreme Leader was killed. HAL and BDL saw modest gains despite year‑to‑date declines of over 11% and 15% respectively. The recent India‑Israel defence pact and Prime Minister Modi’s visit...
The Stock Exchange of Thailand (SET) opened down 1.73% to 1,501.78 as investors reacted to the Iran‑US conflict. Energy‑linked shares such as PTTEP and PTT rose, while non‑energy stocks like Gulf Energy, Bumrungrad Hospital and Airports of Thailand fell sharply....
UnionBank of the Philippines reported a 17% drop in net income for 2025, posting P10 billion versus P12 billion the prior year. Despite the profit dip, net revenues climbed to P83.2 billion, driven by robust loan growth and higher transaction volumes. The bank’s...
The Securities and Exchange Board of India (SEBI) signaled it will not impose sweeping curbs on SME IPOs, preferring targeted oversight instead. Chairman Tuhin Kanta Pandey emphasized stronger due‑diligence, site visits and third‑party monitoring to hold merchant bankers accountable. Recent...
The Indian cabinet’s Economic Affairs Committee has cleared the initial public offering of India Infrastructure Finance Company Ltd (IIFCL), a fully government‑owned NBFC‑ND‑IFC. The approval aligns with the Budget 2026‑27 emphasis on disinvestment and capital‑market listings for public‑sector entities. IIFCL...
Singapore Exchange’s listed equities posted an average daily turnover of S$1.7 billion in the first two months of 2026, reflecting heightened market activity. Institutional investors were net buyers in industrials, technology, materials and other sectors, while retail investors favored financial services,...
The National Stock Exchange of India (NSE) will not list its shares on its own platform when it goes public, citing Indian regulations that prohibit self‑listing. Instead, the IPO will be conducted as an Offer for Sale (OFS), allowing existing...
NSE Managing Director Ashish Chauhan argued that recent hikes in Securities Transaction Tax (STT) will not discourage retail participation in futures‑and‑options (F&O) trading. He suggested that eligibility for derivatives should be tied to an investor’s tax‑paying capacity, proposing a minimum...
South Korea’s exports surged 29% year‑over‑year in February, hitting a record high. The jump was driven primarily by a sharp rebound in semiconductor shipments as global chip demand accelerated. The trade surplus expanded sharply, reinforcing the country’s position as a...
Thailand's central bank introduced strict retail gold‑trading limits effective March 1, 2026. Individuals can now trade up to 50 million baht per day on each online platform, aiming to dampen speculative buying that has lifted the baht. The cap excludes USD‑denominated...
Bank of America projects Philippine GDP growth at 4.6% in 2026 and 5.0% in 2027, falling short of the economy’s 5.5‑6.5% sustainable range. The slowdown is driven by weak household consumption, softer private investment and a tapering of government disbursements...
The Bangko Sentral ng Pilipinas (BSP) projects February inflation to rise to between 2.3% and 3.1%, up from January’s 2% rate. Higher rice and fish prices, elevated petroleum costs and increased Meralco electricity charges are the main upward pressures, while...
The First Trust India NIFTY 50 Equal Weight ETF (NFTY) provides U.S. investors with an equal‑weight exposure to the Nifty 50 constituents, but its performance is hampered by a weakening Indian rupee. Over the past two decades the equal‑weight index has generated...
Foreign Institutional Investors (FIIs) turned net buyers in February, pouring Rs 22,615 crore into Indian equities, with Rs 19,782 crore going to secondary markets and Rs 2,832 crore to primary issues. However, a sharp sell‑off on February 28 saw FIIs dump Rs 7,536 crore, dragging the Nifty and Sensex...
Vanguard Fund’s India portfolio surged, now valued at ₹69,100 crore, a 60% jump from the March quarter. The fund holds stakes in 48 BSE‑listed companies, placing it among the top three active foreign institutional investors in the country. Twelve of its...
LT Group Inc. reported a record P30.98 billion net income for 2025, a 7 percent increase over 2024, marking its fourth consecutive year of record earnings. Philippine National Bank drove nearly half of the profit, contributing P14.26 billion as its net income rose...
Prime Minister Sanae Takaichi plans to suspend Japan’s 8 percent consumption tax on food for two years to ease inflation pressures. The proposal meets skepticism from economists and small‑business groups who argue the cut may not translate into lower retail prices....
The U.S. Supreme Court’s February 20 decision struck down IEEPA‑based tariffs, removing the worst‑case tariff risk for Chinese e‑commerce firms. The market’s initial rally faded as investors fretted over a possible 15% global tariff, creating a temporary dip in Alibaba...
The SEC announced new insider‑trade reporting rules for foreign private issuers, requiring executives to disclose purchases or sales within two business days, effective March 18, 2026. The mandate aligns foreign executive reporting with U.S. standards and fulfills a 2025 congressional...
Charoen Pokphand Foods (CPF) posted a net profit of 25.2 billion baht for 2025, up 29% year‑on‑year, driven by stronger gross margins and cost controls. Total sales fell 2% to 571 billion baht as a stronger baht weighed on overseas earnings, though...
Bharat Biotech International Ltd is exploring an initial public offering to raise more than $500 million, according to Bloomberg. The Hyderabad‑based vaccine maker has delivered over nine billion doses worldwide and holds a portfolio of 19 vaccines and four biotherapeutics. Recent...
Global funds are pouring back into Indian equities, buying about $2.1 billion of shares in February – the strongest monthly inflow in eight months. The rebound follows a record outflow in 2025 and is driven by a newly signed US‑India trade...
Robinsons Retail Holdings posted a 6% rise in core net earnings to P6.7 billion in 2025, driven by 5.7% net‑sales growth that pushed revenue to P210.4 billion. Net income to equity holders fell 44% because the prior year’s one‑time merger gain inflated...
Megaworld Corp. posted a record P24 billion net income in 2025, an 11% increase from 2024. Revenue climbed to nearly P86 billion, driven by an 11% rise in leasing revenues and strong residential sales. Office leasing, especially through Megaworld Premier Offices, contributed...
Indian equity benchmarks reversed early gains, with the BSE Sensex slipping 225 points to 82,050 and the NSE Nifty 50 falling 0.26% to 25,415 by midday. Selling pressure was concentrated in power, energy and consumer stocks, while auto and healthcare names...
Indian equities opened with modest gains but reversed by early afternoon, as the Sensex fell 0.34% to 81,994 and the Nifty slipped 0.25% to 25,421. Profit‑taking, a seven‑month peak in crude‑oil prices, and renewed US‑Iran nuclear tensions pressured sentiment despite...
Emkay Global has turned marginally overweight on the Indian IT sector after an AI‑driven sell‑off made valuations appear attractive. The brokerage cites price‑to‑earnings multiples of 14‑18× and free‑cash‑flow yields of 4‑6% as evidence of value. It projects a potential total...
Hong Kong Exchanges and Clearing reported a second‑year profit record in 2025, with attributable earnings up 36% to US$2.3 billion and total revenue hitting US$3.7 billion. The exchange reclaimed its position as the world’s leading IPO venue, hosting 119 listings that raised...
SBI Life Insurance announced an interim dividend of ₹2.7 per share for FY26, with a record date of March 6 and payout scheduled by March 27. The declaration lifted the stock about 1.5% in early trade, trading near ₹2,094. In Q3 FY26...
HKEX reported record 2025 results, with revenue of HK$29.2bn, a 30% increase year‑on‑year, and profit of HK$17.8bn, up 36%. The exchange reclaimed its position as the world’s top IPO venue, raising HK$286.9bn from 119 listings, and posted record trading volumes...
Manila Electric Co. (Meralco) posted a record 2025, with consolidated core net income rising 12% to P50.57 billion, surpassing its P50 billion profit target. The boost came primarily from its power‑generation arm, which grew its share of profit to 33% and contributed...
CIE Automotive reported Q4 CY25 consolidated revenue of ₹2,390 crore, in line with consensus, while its adjusted EBITDA margin rose to 15.4%, beating the estimate by 60 basis points. India revenue grew 12% YoY to ₹1,540 crore, outpacing the domestic market, whereas...
Mphasis retains a strong near‑ to medium‑term outlook as its legacy modernization pipeline doubles year‑on‑year, despite AI‑driven pricing pressure on renewals. Clients prefer model‑agnostic platforms that integrate with existing systems, limiting the need for full rebuilds. Discount levels on renewals...
Defence stocks in India are showing a split trajectory as public‑sector undertakings (PSUs) like HAL and Bharat Dynamics slide, while private firms such as Data Patterns and Solar Industries post double‑digit gains. The Nifty Defence Index remains positive, up roughly...
The NSE International Exchange (NSE IX) has soft‑launched its Global Access platform, allowing Indian retail investors to trade U.S. equities, debt and ETFs directly. The service uses a fully digital KYC process, supports fractional share purchases, and operates under the RBI’s...
The U.S. announced a preliminary 126% counter‑vailing duty on certain solar imports from India, sending Waaree Energies and Premier Energies shares sharply lower—Waaree down 10% and Premier down 6%. Both companies said they have diversified supply chains and ongoing US...
The Nikkei Stock Average closed at a record 58,583.12 points, up 2.20% as investors cheered the nomination of two new Bank of Japan policymakers viewed as dovish. The yen briefly slipped past the 156‑yen level before retreating, while the broader...
Taiwan's Taiwan Capitalization Weighted Index (TAIEX) closed at 35,413.07 on February 25, up 712.25 points or 2.05%. The market saw a hefty turnover of NT$981.97 billion (US$31.38 billion), indicating strong buying pressure. Semiconductor leader TSMC broke the NT$2,000 per share mark, lifting...
Asian equities rose on Wednesday as the AI‑driven sell‑off in U.S. markets softened, offering a brief reprieve for India’s stock market. The Nifty index flirted with its 200‑day moving average, a key long‑term support level, before closing above it. Asset...
MarketSmith India released its top stock picks for 25 February as Indian equities slumped. The Nifty 50 dropped 1.12% to 25,424.65 and the Sensex fell 1.28%, driven by a 4.74% plunge in the IT index. AI‑related disruption fears after Anthropic’s new tools,...
Hong Kong’s Financial Secretary Paul Chan announced a 2026 GDP growth projection of 2.5%‑3.5%, raising expectations beyond the 2%‑3% range slated for 2025. The forecast follows a 3.5% expansion in 2025, the strongest pace since 2021, underscoring a robust post‑pandemic...
South Korea's KOSPI index surged past the 6,000 mark, closing at a record 6,085 on Wednesday. The rally was powered by a sharp rise in global memory demand, lifting Samsung Electronics 2.5% and SK Hynix 2.1%. The benchmark is now...
Asian equities extended a technology‑driven rally, with the MSCI Asia Pacific Index climbing 1.2% for a third straight session. South Korea, viewed as a proxy for AI investment, surged 2.2% to a record high. A rebound in battered software stocks...
