Tencent Beats On Top & Bottom Line Despite AI Investments
Key News Asian equities were mostly higher overnight as Hong Kong and Thailand outperformed, while Australia and Pakistan underperformed. Hong...
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Asia markets mixed as Albanese wins second term; Adani stocks soar, oil retreats
Asian market sentiment was mixed on Monday, with Australian shares retreating, and most major markets closed for public holidays. Investors digested the implications of Prime Minister Anthony Albanese securing a historic second consecutive term—Australia’s first in over two decades—while Indian equities climbed on positive investor sentiment and a strong rally in Adani Group stocks. Meanwhile, oil prices plunged and Asia-Pacific currencies strengthened against a weaker US dollar.Australian markets dip despite Albanese’s re-election Copy link to section Australian equities reversed early gains, with the S&P/ASX 200 falling 0.97% to close at...