Adani Enterprises Ltd. is exploring selling its stake in its Mumbai-listed consumer-staple joint venture with Wilmar International Ltd., freeing up capital for their core business, according to people familiar with the matter.
Asia took over the baton from Wall Street to see a rally in weight-loss related stocks after a key study on an obesity drug showed there was a heart benefit.
British banks have already got a taste of what it’s like to be drawn into the global culture wars. Now, the country’s consumer brands are facing scrutiny for their own efforts to cater to their increasingly socially conscious customers.
Amazon.com Inc.’s Australian branch is set to move into the country’s biggest warehouse, where a fleet of robots will help operate a facility the size of about 29 soccer pitches.
Australia’s soon-to-be top two gold miners say they’re not interested in buying two operations predicted to be put up for sale by Newmont Corp. after its $19 billion acquisition of Newcrest Mining Ltd.
DBS Group Holdings Ltd., Southeast Asia’s largest bank, will increase investment and hiring in China’s Greater Bay Area as it expects growth in the region to outpace the rest of the country, according to the lender’s head of North Asia.
China’s consumer and producer prices both declined in July from a year ago, a bout of deflation that’s likely to be temporary as policymakers face pressure to step up monetary and fiscal support.
Shares in Japan fell in an otherwise muted day of gains for Asian stocks as investors digested consumer and producer price data from China that registered contractions simultaneously for the first time since 2020.
Taiwan’s dollar had a rough run this quarter and investors fleeing Asia’s lowest-yield market outside of Japan threaten to further exacerbate the losses.
Nikon Corp. had their biggest intraday drop on record after the camera and chip equipment maker reported a steep fall in profit and cut its outlook on precision equipment.
