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Latest: Asia Stock Market News

Evergrande Shares Rise After Winning Bond Payments Delay
Evergrande Shares Rise After Winning Bond Payments Delay

China Evergrande reached a deal with bondholders to delay redemption and coupon payments for a 4.5 billion yuan ($707.52 million) bond

Citigroup to Sell Southeast Asia Units to UOB for $3.6bn
Citigroup to Sell Southeast Asia Units to UOB for $3.6bn

The deal includes retail banking and credit card businesses, but excludes the bank’s institutional businesses in all four countries

China Shrinks Imports of Iron Ore, Crude Oil and Meat
China Shrinks Imports of Iron Ore, Crude Oil and Meat

Steel production curbs imposed to combat pollution dented demand and pulled prices of the key ingredient off a historical high

Taliban Approve First Budget Since Afghan Takeover
Hong Kong Pushes for Asian Investment – The Age
Malaysia Plans To Attack Palm Oil Critics – Nikkei
Auditor Changes Affect 88 Chinese Firms – Business Herald
Citi Opens Clearing, Settlement Deal with New Beijing Bourse
Asian Stocks Struggle Despite Easing US Inflation Fears
Uniqlo Owner Posts Higher Profit as Japan, China Sales Lag

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Markets: The Big Picture

Kazakhstan unrest poses risks for world economy

Hundreds of people have died and thousands have been detained in Kazakhstan during the worst violence seen in the Central Asian nation since it became independent in the early 1990s. The unrest in Kazakhstan poses risks for energy markets, and even cryptocurrencies.

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