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Markets and investing
India’s large-cap stocks led a strong October for the country’s market, while software services exporters occupied all five top positions in the large-cap index. Investors are now assessing whether the gains can continue as global technology concerns and small-cap pressure persist.
Markets and investing
Singapore-based data centre operator ST Telemedia Global Data Centres is in talks with banks over a S$3.1 billion syndicated loan to finance its assets, Bloomberg reports.
Markets and investing
Industrial and Commercial Bank of China shares climbed 3.3% to HK$8.155 after the lender reported higher quarterly profit and revenue, while maintaining stable asset quality and guiding for loan growth of about 6% this year.
Markets and investing
Binance said customer withdrawals eased after the cryptocurrency exchange resumed service following a security breach linked by the FBI to North Korea’s TraderTraitor unit. The company reported $3.64 billion in withdrawals and said it had replaced 95% of the stolen assets.