Media-related stocks have been all the rage in India, thanks to a mega merger involving a unit of Japan’s Sony Group Corp., and the return of Bollywood blockbusters. Investors are now weighing the sector’s pricey valuations against the potential for future growth.
Chinese stocks weighed on Asian equities while European share futures drifted lower Monday in a further sign of cautious sentiment. Treasuries were down and oil gained for a second day.
SoftBank Corp. will decide as early as Monday to raise as much as ¥120 billion ($809 million) via Japan’s first public offering of bond-type class shares, according to people familiar with the situation.
India is loosening its planned restrictions on imports of laptops, tablets and other IT hardware, giving manufacturers such as Apple Inc., HP Inc. and Dell Technologies Inc. more time to prepare for potential curbs.
A subterranean space once used by British spies has been sold to fund manager Angus Murray, who has grand ambitions for it.
Chinese stocks were among the hardest hit across broadly lower equity markets in Asia on Monday in a further sign of cautious sentiment. Treasuries crept lower and oil gained for a second day.
Videogame studio Capcom Co. may sell more copies of games in India than in China within a decade as the publisher behind the Resident Evil franchise looks to new markets for long-term growth, according to Chief Operating Officer Haruhiro Tsujimoto.
China scythed nearly $600 billion off Tencent Holdings Ltd.’s market value in its crackdown on tech and gaming. Now the country is betting on its biggest company — and professionalized video games — to help restore some national pride.
Asian stocks traded in tight ranges Monday and oil rose, while Treasury yields inched higher as investors weighed the Federal Reserve’s higher-for-longer stance.
Videogame studio Capcom Co. may sell more copies of games in India than in China within a decade as the publisher behind the Resident Evil franchise looks to new markets for long-term growth, according to Chief Operating Officer Haruhiro Tsujimoto.
