Asian Tech Shares Dip After US Rout, Alibaba Jumps: Markets Wrap

Original title: Asian Tech Shares Dip After US Rout, Alibaba Jumps: Markets Wrap Asian equities were under pressure after a tech selloff hit Wall Street, with chip shares among the biggest losers. Hong Kong was an outlier as Alibaba Group Holding Ltd. surged. Chipmakers pushed Japanese shares down 1.5%. Samsung Electronics Co. and SK Hynix Inc. tumbled after the US revoked China chip-gear permits. A gauge of technology firms in Hong Kong jumped as much as 1.7% with Alibaba surging 18%, the biggest intraday gain since November 2022. ...

September 1, 2025

Equinor Plans to Back Orsted Rights Issue to Keep 10% Share

Original title: Equinor Plans to Back Orsted Rights Issue to Keep 10% Share Equinor ASA said it intends to subscribe for new shares in wind developer Orsted A/S, the first major investor after the Danish government to back the sale. The Norwegian energy company said it plans to maintain its 10% stake in Orsted and will subscribe for new shares for as much as 6 billion kroner ($940 million). That support “reflects confidence in Orsted’s underlying business, and the competitiveness of offshore wind in the future energy mix, in selected geographies,” Equinor said in a statement on Monday. ...

September 1, 2025

EM Stocks’ Trump Rally at Risk as Tariff Reality Kicks In

Original title: EM Stocks’ Trump Rally at Risk as Tariff Reality Kicks In The start of Donald Trump ’s second presidency has matched his first term in proving a boon for emerging-market stocks, but the rally risks running out of steam given his trade and fiscal policies are also sinking corporate earnings. The benchmark MSCI Emerging Markets Index has posted an advance every month from January through August this year, the first of Trump’s second term. That’s happened only twice before in the 37 years that investors have tracked emerging markets as an asset class: in 2017, also a Trump inaugural year, and in 1993, under Bill Clinton . ...

September 1, 2025

British woman stabbed to death in Cambodia, police say

Original title: British woman stabbed to death in Cambodia, police say British woman stabbed to death in Cambodia - police A 34-year-old British woman has been stabbed to death in the Cambodian capital, Phnom Penh, local police say. The victim was reportedly found with stab wounds in a garden in the Chamkar Mon district south of the city centre on Friday. A woman, also a foreign national, has been arrested by the authorities in connection with the death. The Foreign, Commonwealth and Development Office told BBC News: “We are supporting the family of a British woman who has died in Cambodia and are in contact with the local authorities.” ...

September 1, 2025

Family reunion rules to be tightened in asylum cases

Original title: Family reunion rules to be tightened in asylum cases Family reunion rules to be tightened in asylum cases 4 hours ago Share Save Joe Pike Political correspondent and George Wright BBC News Share Save Getty Images Home Secretary Yvette Cooper is to announce details of a tightening of rules for migrants who have been granted asylum bringing their families to the UK. As MPs return to Westminster, Cooper will also set out reforms to the asylum appeals system. When a person is granted asylum in the UK, they can apply to bring their family too but Cooper believes changes to policies across Europe mean the UK is now out of kilter with its neighbours and restrictions are needed. In the Commons this afternoon she is expected to set out the criteria that family members will need to meet - including tougher English language standards and access to sufficient funds. Cooper will also say she intends to bring forward new legislation to reform the asylum appeals system. In August 55 small boats crossed the Channel. It was the lowest figure for the mont ...

September 1, 2025

‘Walter Boys’ Star Ashby Gentry on Why Alex Needs “Serious Soul Searching” After Cliffhanger Season 2 Finale

Original title: ‘Walter Boys’ Star Ashby Gentry on Why Alex Needs “Serious Soul Searching” After Cliffhanger Season 2 Finale [This story contains spoilers from season two of Netflix’s My Life with the Walter Boys.] Team Alex isn’t ready to give up in season two of Netflix’s My Life with the Walter Boys. In the 10-episode season that premiered on Aug. 28, Ashby Gentry returns as Alex Walter, who fell in love with Jackie Howard in season one, only to be left heartbroken after she leaves and returns to New York after kissing his brother Cole. The last time Alex interacted with Jackie, he was drunkenly telling her he loved her, so having to reel from that absence impacts Alex both mentally and seemingly physically. The once bookish nerd is now seemingly confident and has caught the attention of ladies at his school. “When I was 16 and my first relationship ended, there’s almost an over compensation with regards to the freedom that one has,” Gentry tells The Hollywood Reporter. “I think Alex is a suppressor. You see that with the heartbreak with Jackie. ‘I’m fine. It’s fine. We’re good. Let’s just move on. It’s o ...

September 1, 2025

China Stock ETFs See First Inflows in Months Ahead of Parade

Original title: China Stock ETFs See First Inflows in Months Ahead of Parade Chinese equity exchange-traded funds broke a long streak of outflows last week, as small investors grow in confidence ahead of a closely watched military parade. Domestic equity ETFs trading in Shanghai and Shenzhen recorded 8.7 billion yuan ($1.2 billion) of net inflows, according to figures compiled by Bloomberg, ending a nine-week streak of outflows. Original article

September 1, 2025

China’s Baosteel in Discussions on Steel Investments From Asia to Africa

Original title: China’s Baosteel in Discussions on Steel Investments From Asia to Africa China’s Baoshan Iron & Steel Co. is in discussions with several potential partners about investing in steel projects, with the primary focus on Asia, the Middle East and North Africa. The nation’s top steel producer, known as Baosteel, is “actively considering” overseas investment targets, according to a statement on Friday posted on Wechat. The remarks were made at the company’s briefing for its first-half results, which was attended by executives including Chairman Zou Jixin . ...

September 1, 2025

Asian Shares Dip After US Tech Rout, Alibaba Jumps: Markets Wrap

Original title: Asian Shares Dip After US Tech Rout, Alibaba Jumps: Markets Wrap Asian equities fell after a tech selloff hit Wall Street Friday, with chip shares among the biggest losers. Hong Kong was an outlier as Alibaba Group Holding Ltd. surged. The MSCI Asia Pacific Index slipped 0.1% with chipmakers pushing the Nikkei-225 index down by 1.6%. Samsung Electronics Co. and SK Hynix Inc. tumbled after the US revoked China chip-gear permits. A gauge of technology shares in Hong Kong jumped as much as 2.6% with Alibaba surging 17% and lifting peers in the broader AI space, including Baidu Inc. and Tencent Holdings Ltd. ...

September 1, 2025

Rao: China Remains India’s Biggest Challenge

Original title: Rao: China Remains India’s Biggest Challenge 00:00 Let me start off by asking you whether you think it actually is plausible for India and China to move towards a partnership away from a rivalry. Well, a very good morning to you, Jomana. And let me just start by saying that one needs to sort of really get this inside correct, because so, you know, if you were to just take out all context and look at this as a reset, I think we are going to get all our conclusions wrong. What we are seeing happening in China, you know, in the last couple of days is a tactical management from India’s side. It is about signaling and not substance. Please remember, China remains to be our biggest challenge. Okay. China claims about 90,000 kilometers, square kilometer of our territory in the eastern sector. It claims 38,000 square metre of territory in the western sector and illegally occupies more than 5000 square kilometers of territory today. However, having said that recently, India’s experiences offshore operations in door have shown us that Chin ...

September 1, 2025