Asia Markets

The collapse of several banks in the last two weeks has spread fears of contagion in global markets, but crypto markets saw a bull run, with Bitcoin climbing to its nine-month high on Monday

Silicon Valley Bank crisis: How has the bank's failure affected other banks and their stocks worldwide? Read more to find out

Indian equities worst-performing in January

US stocks ended higher as investors heaved a sigh of relief after Powell refrained in a speech from commenting on rate policy but said the Fed's independence was essential for it to battle inflation

Deals are set to revive slowly as companies and funds watch out for easier macroeconomic conditions, they said. Hopes that Chinese companies will return to the market have strengthened

China, the world's top oil importer, has stuck with zero-Covid policy even as much of the world has lifted most restrictions

Strategists at Goldman Sachs Group Inc. expect Asia's equity leadership to shift from Southeast Asia and India to markets like China and Korea next year

It's highly likely these markets are bottoming amid "abundant" signs of capitulation, the investment bank's strategists including Jonathan Garner wrote in note

The Asian index was set to record a staggering 12.5% drop for the month, the largest since March 2020 when the Covid-19 pandemic threw financial markets into chaos

"India accounts for more than 40% of global shipments. So, nobody is sure how much prices will rise in the coming months," said Himanshu Agarwal, executive director at Satyam Balajee

It will also help Indonesia to reduce stockpiles that swelled after its export ban earlier this year and pressured local prices lower and squeezed farmer's incomes.

Syngenta could seek to raise 65 billion yuan ($9.7 billion) on the Nasdaq-style Star Board

Global funds offloaded a net $40 billion of equities across seven regional markets last quarter, exceeding any three-month period characterised by systemic stresses since 2007

Asian shares tumbled on Tuesday after Wall Street officially entered bear market territory and bond yields hit a two-decade high

In early trade, Australian shares gained 0.2% while Japan's Nikkei stock index was 0.85% higher.

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.3%, after U.S. stocks ended the previous session with mild losses.

CLOSING BELL: Shares of One97 Communications, the parent company of digital payments major Paytm, tanked 14.5 per cent to hit a new low of Rs 662 on the BSE in Monday's intra-day trade

Empirical analysis of past 17 market corrections in excess of 10 per cent, according Antique Stock Broking, suggests that market recoveries are swift with entire losses getting recouped in 3-6 months

Rupee may breach 76/$ if geopolitical tensions persist

Asian shares rallied on Wednesday as fears of a Russian invasion of the Ukraine this week dissipated, after Moscow indicated it was returning some troops to base, thereby relieving the investors.