India’s March private business activity slows to lowest since October 2022, missing forecasts

MANGALURU, INDIA – SEPTEMBER 05: A general view shows a section of the Mangalore Refinery and Petrochemicals Limited (MRPL) refinery on September 05, 2025 in Mangaluru, India. India’s vast oil refining complexes are among the largest in the world, processing millions of barrels of crude daily to meet rising domestic and export demand. Abhishek Chinnappa…

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Oil, Nikkei 225, Hang Seng Index, Kospi

Mount Fuji and the Shinjuku skyline in Tokyo, Japan, on Friday, Feb. 14, 2025. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Asia-Pacific markets pared gains Tuesday as oil prices rebounded, underscoring lingering uncertainty over the Middle East conflict. Brent crude futures for May rose over 3.5% to $103.7 per barrel…

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China’s emotional economy is on the rise

A giant inflatable Labubu toy floats on the water at Victoria Harbour on October 25, 2025 in Hong Kong, China. Vcg | Visual China Group | Getty Images 28-year-old Rebecca Zhou, born in China’s Sichuan province, owns an assortment of Moomin merchandise — bags, mugs, and figurines featuring the white hippo-looking cartoon character from Finland…

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Iran war puts listings on hold

The National Stock Exchange (NSE) building in Mumbai, India, on Wednesday, Dec. 10, 2025. Dhiraj Singh | Bloomberg | Getty Images Global volatility is threatening a pipeline of multibillion-dollar stock market listings in India, the world’s busiest IPO market. Payments app PhonePe’s move on Monday to halt its listing plans has underscored a growing strain…

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HDFC Bank shares fall 5% as part-time chair of India’s largest private bank resigns over ‘ethics’

A man walks past a HDFC Bank stall at the Global Fintech Fest in Mumbai, India, 06 September, 2023. Nurphoto | Nurphoto | Getty Images Shares of India’s HDFC Bank slid 5% Thursday after Atanu Chakraborty, its part‑time chairman, resigned after flagging governance and ethical concerns within the institution. During an investor call on Thursday,…

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