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India’s central bank and market regulator have increased scrutiny of overseas investments by companies and family offices, issuing at least 10 queries over the past three weeks to assess whether investment routes may have been misused. The heightened oversight comes at a time when India’s currency has faced pressure from rising oil prices and foreign… Continue reading India increases checks on overseas flows as rupee faces pressure

Nvidia’s latest Computex appearance gave Wall Street another reason to stay bullish on the world’s most valuable chipmaker. Chief Executive Jensen Huang used the Taipei stage to push Nvidia (NASDAQ: NVDA) deeper into personal computers, datacentres and full-scale machine-learning infrastructure. Goldman Sachs analyst James Schneider was watching closely. After the keynote, he reiterated a Buy… Continue reading What’s next for Nvidia stock? Goldman Sachs points to major growth driver

European shares edged lower on Wednesday as escalating tensions in the Middle East drove oil prices higher and weighed on investor sentiment. Concerns over the potential impact of the conflict on global markets offset gains in the retail sector, where Zara owner Inditex rose sharply following a positive trading update. The pan-European STOXX 600 index… Continue reading STOXX 600 edges lower as rising oil prices weigh on markets

Hong Kong’s Hang Seng Index has become a major laggard in the global equities market as top constituent companies plunge. The index was trading at H$25,600 today, June 3, down by nearly 9% from its highest point this year. In contrast, its top peers have surged to a record high. In Taiwan, the TWSE index… Continue reading Here’s why the Hang Seng Index is missing the global stock market bull run

Chinese artificial intelligence startup DeepSeek is set to raise about 50 billion yuan, or $7.4 billion, in its first funding round. The deal could value the company at between 350 billion yuan and 400 billion yuan, equivalent to about $52 billion to $59 billion, the people said. The fundraising, if completed, would mark a major… Continue reading DeepSeek nears $7.4 billion raise at valuation of up to $59 billion

South Korea’s Kospi Index continued its remarkable bull run this week, hitting another record high on Wednesday. It jumped to 8,900 KRW, bringing its 12-month gains to 220%, solidifying its status as the world’s best-performing stock market. Goldman Sachs sees Kospi Index jumping 40% The Kospi Composite Index has been in a strong bull run… Continue reading Kospi Index can jump 40%, Goldman forecasts, as key risks remain

Asian stocks advanced unevenly on Wednesday as Japan’s Nikkei 225 jumped 2.14% to a record high, even as oil-market tension and patchy regional data kept investors from calling it a clean risk-on session. The broader Topix rose 1.52%, helped by Wall Street’s latest record run and sustained enthusiasm for AI-linked shares. Elsewhere, the picture was… Continue reading Nikkei 225 surges to fresh peak while Asian markets send mixed signals