Increasing global interest rates threatened to destabilize economic growth and dragged on risk appetite on Friday, causing Asian stock markets to decline.
H&M announced lower-than-expected quarterly revenues on Thursday due to increased energy and food prices and competition from Zara.
The Star Entertainment Group of Australia declared Thursday it will undertake a rigorous rehabilitation plan to strengthen its governance, culture, and controls. An inquiry found the casino operator unfit for a Sydney license.
According to the top U.S. ambassador in Taiwan, the U.S. will meet with Taiwan next month to discuss new semiconductor regulations.
Foreign investors have increased purchases of Indian government bonds with no foreign ownership limitations, analysts say.
Media claims that Chinese regulators ordered the country’s top banks to check their financial exposure to Fosun International were false, the company said Wednesday.
After Friday’s market close, Japan’s stock market increased due to gains in the Power, Transportation Equipment, and Precision Instruments sectors.