Asia Market
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Yuan-Based Hormuz Fees Drive Rally in Chinese Payment Stocks
HONG KONG, 3 April 2026 – Chinese payment and fintech stocks are gaining momentum as a new geopolitical development reshapes global trade flows, ships transiting the Strait of…
Asian Markets Poised to Rebound as Wall Street Recovers Amid Iran War Hopes
SINGAPORE, 3 April 2026 – Asian equities are expected to open higher, tracking a late rebound on Wall Street as investors grow cautiously optimistic that tensions in the…
China Drains Liquidity in Rare Move as Oil Shock Tests Policy Flexibility
BEIJING, 2 April 2026 – China’s central bank has taken an unusually cautious step by withdrawing liquidity from the financial system, signalling a shift in policy stance as…
China’s Innolight Confidentially Files for Hong Kong Listing as AI Demand Fuels Growth
HONG KONG, 2 April 2026 – China’s optical components maker Innolight has confidentially filed for a Hong Kong listing, signalling renewed momentum in the city’s capital markets as…
Asian Markets Slide as Trump’s Iran War Speech Dampens Optimism
SINGAPORE, 2 April 2026 – Asian markets turned sharply lower after US President Donald Trump’s latest address on the Iran conflict failed to provide clarity on a near-term…
Indian Bank Stocks Slide as Central Bank Tightens Grip on Rupee Speculation
MUMBAI, 2 April 2026 – Indian banking stocks fell sharply after the Reserve Bank of India (RBI) intensified its crackdown on currency speculation, triggering market concerns over rising…
UBS Warns Dollar-Yen Could Surge to 175 if Oil Shock Persists
TOKYO, 2 April 2026 – The Japanese yen could weaken sharply toward 175 per US dollar in an extreme scenario of prolonged oil supply disruption, according to UBS,…