Business News

Business

Paytm Shares Surge to 52-Week High Following Stake Sale in PayPay Corporation

Shares of One97 Communication, operating under the Paytm brand, surged over 3% to reach a 52-week high of Rs 1,007 on both BSE and NSE following the company's decision to divest it...

Business

Aditya Birla Group Announces Massive Rs 50,000 Crore Investment in Rajasthan

The Aditya Birla Group plans to invest Rs 50,000 crore in Rajasthan across its businesses, including Rs 6,000 crore in renewable energy. The investment will scale up cement product...

Business

Premier Li Qiang Sounds Alarm on Deglobalization Risks at Global Financial Summit

China's Premier Li Qiang warns of deglobalization's impact on the world economy at a summit attended by top leaders of major financial institutions. He highlights the increasing un...

Business

BOJ Deputy Governor Himino to Discuss Monetary Policy in Yokohama

Bank of Japan Deputy Governor Ryozo Himino will deliver a speech and hold a news conference in Yokohama on January 14th, preceding the BOJ's policy-setting meeting on January 23-24...

Business

Kioxia Raises $800 Million in IPO, Prices Shares in Middle of Range

Bain Capital-backed chipmaker Kioxia has raised 120 billion yen ($800 million) through its IPO, pricing shares in the middle of their marketed range. The company, a major manufactu...

Business

Russian Ex-ASML Employee Faces Court Over Alleged IP Theft

A Rotterdam court is set to have an initial hearing on Monday in the case of a former Russian employee of Dutch semiconductor equipment maker ASML who is suspected of having stolen...

Business

Japanese Investors Continue to Sell Overseas Stocks Amid Global Equity Rally

Japanese investors sold overseas stocks for the second straight month in November, driven by robust global equity gains, particularly in the U.S. Trust accounts divested foreign st...

Business

China's Monetary Policy Shift: A Move Towards Economic Growth

China has announced its intention to adopt an "appropriately loose" monetary policy next year to support economic growth, marking the first such shift towards loosening since 2010....