Asia

Netflix Inc. (NASDAQ: NFLX) is set to double its spending on original content in 2021 in Asia as it seeks expansion in the crowded streaming market, Bloomberg reports. After producing widely-watched shows such as Korean zombie period thriller “Kingdom” and...

Alphabet Inc’s (NASDAQ: GOOGL) Google unit has invested in Indonesian e-commerce giant Tokopedia, according to a Nikkei Asia report. What Happened: The tech giant now owns 1.6% of Tokopedia, valued at $1.1 million (16.7 billion rupiah) Singapore’s government investment...

Netflix Inc. (NASDAQ: NFLX) is “very bullish” on its prospects in the Asia-Pacific region, according to the company’s Vice President for Business Development in APAC Tony Zameczkowski. “Markets like Japan, (South) Korea, India, Indonesia are definitely markets...

Starbucks Corporation (NASDAQ: SBUX) said Monday it would be adding new plant-based food and beverage options in select Asian markets this month. What Happened: The Seattle-based coffee chain will add foods sourced from Beyond Meat Inc (NASDAQ: BYND) and  Impossible Foods in markets such...

BlackRock Inc. (NYSE: BLK) in its Asia outlook report on Wednesday said the continent "stands out" as a beneficiary when global growth returns to a normal pace at the earliest in 2022, Reuters reported. What Happened The world's largest asset manager said it sees oil stocks, and...

Private equity firm Silver Lake is investing $748.3 million in Indian conglomerate Reliance Industries Ltd's digital arm Jio Platforms, the latter announced Monday. What Happened The move comes two weeks after Facebook Inc. (NASDAQ: FB) said it was investing $5.7 billion in Jio in exchange for...

Markets in Asia saw tremendous losses on Monday as countries continue to impose widespread lockdowns to curb the spread of the novel coronavirus (COVID-19). Stocks in India saw the biggest drop as the country prepares for a possible outbreak. SENSEX was down 11.34% at 26,522.54 at press time, and...

Markets in Asia and Europe dipped in Tuesday’s trading session as Apple Inc. (NASDAQ: AAPL) became the latest company to downgrade earnings guidance due to the novel coronavirus (COVID-19) outbreak. What Happened Day-to-day activities continue to be disrupted in mainland China with at least...

One of the myriad coronavirus-related concerns is that container-shipping services on the backhaul routes to Asia could be impaired. With Chinese factories still largely shut down and land transportation to ports constrained, the volume of containerized cargo flowing on the two main headhaul...

The market rally in Asia on Thursday subsided, ending the slow recovery that the markets were seeing after an initial selloff due to coronavirus sentiments following the extended Lunar New Year holiday in China. What Happened The fears were renewed as Chinese authorities reported a nine times...

USD/JPY Current Price: 110.07 Japanese Tool Orders plunged 35.6% in January, according to preliminary estimates. A better market mood kept demand for safe-haven assets in check. USD/JPY set a fresh February high at 110.12, holds nearby early Asia. The USD/JPY pair peaked at 110.12 during...

Markets in Asia recovered on Tuesday after Monday's drop even as the novel coronavirus shows no immediate signs of containment. What Happened The death toll from the virus has risen to 1,011, according to official numbers posted by state-run Xinhua News Agency, with more than 42,300 cases...

Cryptocurrencies, led by Bitcoin (BTC), traded in red at press time on Tuesday, with one lesser-known cryptocurrency bucking the trend. What Happened At a time when the financial markets, in particular in Asia, are holding back over the fears related to the novel coronavirus outbreak in China, the...

Markets in Asia Pacific continued to trade lower on Tuesday, as the novel Coronavirus continues to claim victims in the Hubei province of China. What Happened The death toll from the virus rose to 106, with over 4,515 cases being confirmed by the end of Monday, according to the official numbers of...

Markets in Europe traded lower on Tuesday, as China confirmed that the novel coronavirus could be transmitted human-to-human, with more cases being reported internationally. What Happened The Asian markets too closed lower earlier in the day, over the possibility of a larger virus outbreak...