Latest MarketRadar stories about Asia markets and economies.
Volvo Cars shares plunged nearly 30% to a record low after a SEK 3.7bn third-quarter loss that was five times worse than expected, as the automaker cut 2,500 more jobs and blamed China's demand collapse — a pullback now reaching even Hermès and Cartier.
Japan's Nikkei dropped 1.3% on Friday, closing out a brutal 5% weekly loss, as Thursday's Wall Street tech rout spilled across Asia and investors pared bets on further Fed tightening.
NextDC shares collapsed around 40% on Wednesday after the Australian data-centre operator slashed its fiscal 2027 guidance and shelved all new developments, blaming suspended electricity-network upgrades that have left its flagship M3 Melbourne site short of power.
Brent crude changed hands at $110.10 on Tuesday morning, just under Monday's $110.70 five-month high, as Houthi strikes on Saudi infrastructure and record tanker freight rates kept a fat risk premium in the price. China's September data added another layer: refiners drew inventories at more than 500,000 barrels a day even as apparent demand slumped.
Japan's Nikkei 225 dropped 407.59 points, or 0.62%, to 64,916.70 on Monday — closing just 6.7 points above the closely watched 64,910 plateau after plunging as low as 63,831.78 intraday as semiconductor weakness returned.
China's economy grew 4.5% in Q3, beating the 4.4% consensus — but Commerzbank's Volkmar Baur says the yuan's slow climb against the dollar is unlikely to accelerate, since export-dependent China needs competitiveness more than a strong currency.
Indian companies raised about ₹8.5 trillion in bonds through September 2026, and bankers say 2026 could beat last year's ₹11.2 trillion record as borrowers front-load issuance ahead of further RBI rate hikes.
Reliance's Jio Platforms is raising up to $3.2 billion at ₹1,065–1,119 a share — India's biggest IPO on record. Here are the terms, the timeline, and what the cut valuation means for demand.
High-sulphur fuel oil premiums have surged to $50 a ton from $5.10 in February as Hormuz ship-fuel flows stay down at least 800,000 tons a month and Russian refinery attacks cut another million, Vitol's Asia head told the SIBCON bunker conference this week.
Asian equities rebounded on Friday as dip buyers stepped in after Thursday's chip-led rout. The KOSPI jumped nearly 3% and the MSCI Asia Pacific index climbed 1%, with Samsung and SK Hynix leading the recovery.
China is accelerating its campaign to make the yuan a global currency, moving beyond trade settlement into financing, investment and reserve holdings — while Tencent just priced 26 billion yuan in offshore bonds to fund AI.
Taiwan Semiconductor posted its sixth straight record quarter, with net profit up 68.7% to NT$763.06 billion as AI accelerators took 68% of revenue — and management says leading-edge demand is outrunning supply.
