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Business Upturn Asia

Author

Saniya Shah 66 posts

Saniya shah pursuing her bachelors -in marketing . She is a media enthusiast with strong communication and content writing skills. Saniya is currently working as a journalist at BusinessUpturn.com and can be contacted at [email protected].

China

China tightens grip on Russian oil in 2023, defying western sanctions

Saniya Shah Jan 20, 2024
Data released on Saturday revealed that Russia shipped a record 107.02 million metric tons of crude oil to China…
India

Crypto undercover: tech-savvy traders find ways around India’s block

Saniya Shah Jan 20, 2024
On January 12, 2024, MeitY took a decisive step, blocking access to major crypto exchanges like Binance, Kucoin,…
India

India’s budget dilemma: Balancing growth with fiscal prudence

Saniya Shah Jan 20, 2024
The government's recent track record on fiscal consolidation is indeed commendable. From a staggering 9.2% of GDP…
Malaysia

Malaysia’s economy grows in Q4, but gloom clouds growth outlook

Saniya Shah Jan 19, 2024
The underlying details paint a picture of an economy struggling to maintain its footing. Construction, a key driver…
China

Mutual fund meltdown: Chinese investors flee stocks as closures hit five-year high

Saniya Shah Jan 19, 2024
Nearly 240 local funds were liquidated in 2023, marking the highest number since 2018's regulatory shakeup,…
Malaysia

Malaysian central bank poised to maintain interest rates until 2026

Saniya Shah Jan 19, 2024
The BNM's decision comes despite easing inflation, which dipped to 1.5% in November 2023, its lowest level since…
Thailand

Thai government’s flagship stimulus program faces delays: digital wallet…

Saniya Shah Jan 19, 2024
Prime Minister Srettha Thavisin confirmed the government's commitment to the program but admitted during a press…
Vietnam

Vietnam tightens bank ownership grip, sparking debate on growth and stability

Saniya Shah Jan 18, 2024
The new law reduces the maximum shareholding an individual investor can hold in a Vietnamese bank from 5% to 2%,…
Japan

Japanese companies navigate restructuring wave: survey reveals 49% considering…

Saniya Shah Jan 18, 2024
The survey delves deeper into the specific strategies being contemplated. Mergers and acquisitions (M&A) emerge…
India

HUL Q3 preview: Price cuts and weak demand cast a shadow, margin improvement…

Saniya Shah Jan 17, 2024
Analysts predict this trend to continue in Q3 FY24, with volumes hovering between 2% and 5%. The weakness is…
Thailand

Thailand’s $14.3 billion handout scheme hits the brakes, delaying boost to…

Saniya Shah Jan 17, 2024
The controversial "digital wallet" program, touted as a lifeline for millions of Thais, has been plagued by…
India

Adani tightens grip on media landscape: Raises stake in IANS news agency

Saniya Shah Jan 17, 2024
India's Adani Group, led by billionaire Gautam Adani, has further bolstered its media footprint by raising its…
Japan

Nikkei extends rally to new 34-year high, pause signals measured optimism

Saniya Shah Jan 17, 2024
The rapid run-up has sparked concerns about overheating. Technical indicators suggest the market is overbought, and…
India

HDFC Bank drag pulls down markets, metal stocks join the tumble, uncertainties…

Saniya Shah Jan 17, 2024
Investor sentiment towards HDFC Bank, the country's largest private lender, turned cautious after its quarterly…
India

Jyoti CNC automation debuts on bourses with modest gains, analysts remain cautious

Saniya Shah Jan 16, 2024
Some analysts pointed towards the higher valuation demanded by the IPO as a potential concern. The issue was priced…
India

Jio Financial Services tumbles following disappointing earnings and profit booking…

Saniya Shah Jan 16, 2024
The sudden plunge came as a stark contrast to the recent buoyancy displayed by the stock. In the previous three…
Indonesia

Indonesia bets on 10 new oil and gas blocks to boost sluggish output

Saniya Shah Jan 16, 2024
Ariadji acknowledged the setback but hinted at potential future opportunities for Natuna D-Alpha, stating, "There…
India

Rupee retreats, but holds its ground amid dollar surge and Asian rout

Saniya Shah Jan 16, 2024
At 11:02 AM IST, the rupee stood at 82.9750 per dollar, down from 82.88 in the previous session. While marking a…
Malaysia

Double boost for Malaysian unit trusts: Capital gains tax and foreign income…

Saniya Shah Jan 16, 2024
The exemption on foreign-sourced income is effective immediately and will last until December 31, 2026.
India

SpiceJet receives Llifeline: BSE Approves Crucial 2,242 Crore Fundraise

Saniya Shah Jan 15, 2024
The green light from the BSE follows SpiceJet's 39th annual general meeting on January 10th, where shareholders…
Japan

Japanese companies pessimistic about China’s 2024 economic outlook

Saniya Shah Jan 15, 2024
Nearly half (48%) of the surveyed firms reported either reduced or paused their investments in China during 2023, a…
China

Asia stocks lag Nikkei’s ascent as China skips rate cut, raising concerns…

Saniya Shah Jan 15, 2024
The cautious mood was further emphasized by the absence of trading in the United States due to a national holiday.…
India

Medi Assist Healthcare IPO opens today: What you need to know before subscribing

Saniya Shah Jan 15, 2024
The highly anticipated initial public offering (IPO) of Medi Assist Healthcare, a leading insurance-tech player,…
India

Kalyan Jewellers expands foothold in Bihar with three new showrooms in January

Saniya Shah Jan 15, 2024
Shares of Kalyan Jewellers climbed steadily today, mirroring the company's recent announcement of three new…
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