Asia markets live updates: Indian elections, Australia GDP

Asia markets live updates: Indian elections, Australia GDP

3 Hours Ago India stocks steady after massive falls after election results — Shreyashi Sanyal, Lim Hui Jie 5 Hours Ago Australia first quarter GDP narrowly misses expectations Australia’s economy grew 1.1% year on year in the first quarter, slowing from a revised fourth quarter growth figure of 1.6%. The 1.1% growth also was slightly …

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China Caixin PMI, India elections

China Caixin PMI, India elections

An Hour Ago China’s May factory activity expands at fastest pace in nearly two years, tops estimates A private survey showed China’s manufacturing activity expanded at its fastest pace in nearly two years, in contrast to an official reading. The Caixin survey showed the headline seasonally adjusted manufacturing PMI rose to 51.7 in May from …

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Deepfakes in an election year — is Asia ready to handle fake news?

Deepfakes in an election year — is Asia ready to handle fake news?

2024 is set up to be the biggest global election year in history. It coincides with the rapid rise in deepfakes. In APAC alone, there was a surge in deepfakes by 1530% from 2022 to 2023, according to a Sumsub report. Fotografielink | Istock | Getty Images This was not a one-off incident.  In Pakistan, …

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Japan GDP, Singapore GDP, South Korea trade

Japan GDP, Singapore GDP, South Korea trade

2 Hours Ago Indonesian markets rally after Prabowo’s presumed electoral win Indonesia stocks rose after Indonesia’s Defense Minister Prabowo Subianto declared victory in the country’s presidential election after unofficial vote counts showed he held a significant lead over rivals. The Jakarta Stock Exchange Composite Index rose as much as 2% to hit its highest level …

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GQG scored a big win with its Adani bet, but could now press pause

GQG scored a big win with its Adani bet, but could now press pause

Art school teacher Sagar Kambli gives final touches to a painting of Indian businessman Gautam Adani (L) highlighting the ongoing crisis of the Adani group in Mumbai on February 3, 2023. Indranil Mukherjee | Afp | Getty Images One of the biggest investors in India’s Adani Enterprises says he may be done doubling down on …

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India’s Gautam Adani is once again Asia’s richest person 

India’s Gautam Adani is once again Asia’s richest person 

Chairperson of Indian conglomerate Adani Group, Gautam Adani, speaking at the World Congress of Accountants in Mumbai on November 19, 2022. Indranil Mukherjee | Afp | Getty Images Gautam Adani is the richest person in Asia again, according to Bloomberg Billionaires Index’s updated figures Friday.  The founder and chairman of the Adani Group regained pole …

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Live updates, Japan earthquake, China Caixin PMI

Live updates, Japan earthquake, China Caixin PMI

Signage of the Hong Kong stock exchange in Hong Kong. HKEX has added a new scheme that will connect capital markets in Hong Kong and mainland. Vernon Yuen | Nurphoto | Getty Images Asia-Pacific markets were mixed on the first trading day of the year, with China stocks dipping at the open after official data …

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Five reasons why India stocks are rallying and could keep going

Five reasons why India stocks are rallying and could keep going

Beautiful and colorful aerial view of Mumbai skyline during twilight seen from Currey Road, on February 16, 2022 in Mumbai, India. Pratik Chorge | Hindustan Times | Getty Images Optimism about India’s growth prospects, increased liquidity and greater domestic participation have all contributed to the surge in stock markets. In fact, India’s stock market value …

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