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APWC News18 articles
Manulife Shares Dip 6% on Q1 Earnings Miss Despite Asia Strength
Manulife Financial Corp (MFC) shares slid nearly 6% after Q1 core earnings missed estimates, even as Asia profits surged 22%. Net income doubled, but Canada and U.S. results weakened.
Asia's Tech Stocks Surge as Nvidia's Physical AI Strategy Reshapes Supply Chain
Nvidia's focus on physical AI is reshaping its supply chain, with Asian suppliers now representing 90% of production costs. Stocks like LG Electronics and Samsung rise as AI demand broadens.
Asian Markets Retreat from Peaks as Oil Surges Past $103, Nikkei Fails to Hold 60,000
Asian equities pulled back from all-time highs as oil surged past $103 a barrel on renewed Strait of Hormuz tensions. Japan's Nikkei slipped 0.75% after briefly topping 60,000.
Cocoa Prices Plunge on European Demand Slump, Asian Markets Mixed
Cocoa prices tumbled over 3% after weak European demand data, while Asian markets diverged with Hong Kong falling and India's Sensex gaining.
Asia Air Travel Stabilizes Amid Lingering Gulf Route Disruptions
Key Asian airports operated smoothly Monday, avoiding widespread shutdowns, though airlines continue to cut Gulf routes. Jet fuel shortages and longer flight paths are driving up operational expenses.
SBTi Reports 40% Surge in Corporate Climate Targets as Asia Nears European Leadership
Corporate climate commitments validated by the Science Based Targets initiative soared 40% to 9,764 companies by the close of 2025. Asia's rapid expansion, adding 1,216 firms, brings it nearly level with Europe's growth.
Asia Imposes Fuel Curbs as Hormuz Crisis Escalates, Boosting Renewables
Asian governments have expanded emergency fuel measures as the prolonged Strait of Hormuz crisis keeps energy costs elevated, prompting rationing, tax cuts, and a pivot toward renewable energy sources.
Reliance Denies Iran Oil Purchase as Asia Markets Slump on Geopolitical Tensions
Reliance Industries has dismissed claims it bought Iranian crude oil as unfounded. Asian equity markets fell due to ongoing Middle East tensions, and X Financial reported robust Q3 earnings despite a significant one-off loss.
SGX Cash-Rich Trio's Dividend Outlook Amid Asian Market Gains
Three Singapore-listed firms with strong balance sheets face questions over future dividend growth. Meanwhile, Asian equities advanced on robust export figures and easing oil prices, with Indian indices showing resilience.
Asian Markets Rally on Hopes for Iran Conflict Resolution
Asian equities advanced sharply on Tuesday amid optimism the Iran conflict may be nearing an end, boosting risk sentiment. Meanwhile, Shopify's AI-driven strategy and Sedemac Mechatronics' strong market debut captured investor attention.
HSBC Asia Co-CEO Offloads $5.5 Million in Shares Amid Banking Sector Volatility
HSBC Holdings Plc's Asia and Middle East co-CEO, Surendra Rosha, divested 308,400 shares worth approximately HK$43.17 million. The transaction occurred during a period of significant volatility for European banking stocks.
Navigator Holdings Soars Amid Valuation Concerns; Asian Markets Plunge on Iran Strike
Navigator Holdings stock shows strong gains despite valuation concerns, while Asian and Indian markets plunge sharply following US-Israeli strikes on Iran, triggering a surge in oil prices and broad risk-off sentiment.
Nairobi Bourse Hits Record High on Retail Surge, Asian Dividends Shine
The Nairobi Securities Exchange soared to a record market capitalization of Sh3.419 trillion, fueled by a retail trading boom. Separately, Asian dividend stocks are highlighted as stable income plays amid market volatility.
AirAsia X to Launch Daily London Route via Bahrain Hub in 2026
AirAsia X will commence daily service between Kuala Lumpur and London Gatwick via Bahrain on June 26, 2026. The carrier aims to establish Bahrain as its first operational hub outside Asia, with plans to station up to 100 aircraft there within eight years.
L'Oréal Shares Drop on Weak Asia Sales, Dividend Proposed
L'Oréal shares declined more than 4% after fourth-quarter sales growth of 6% fell short of expectations, with North Asia revenue rising just 0.6% amid travel retail challenges.
ICG Shares Dip Amid Asia-Pacific Leadership Appointment
ICG plc shares declined 1.1% in London trading following the appointment of a new Asia-Pacific corporate strategy head. The alternative asset manager reported $127 billion in assets under management.
HSBC Gains Ahead of Key Earnings, Asia Rally Lifts Sentiment
HSBC shares advanced in London trading, approaching a 52-week high as investors await annual results on February 25. The bank's Hong Kong stock surged 3.2%, buoyed by positive Asian market momentum.
Frencken Group Hits 52-Week Peak on Asian Chip Rally
Frencken Group surged 7.2% to S$1.79, reaching a new 52-week high amid broad semiconductor gains across Asian markets. Trading volume exceeded triple the daily average.