North Asia

The US government sold 30-year bonds at the highest interest rate in a quarter century, which reflects investors' demand for greater compensation to fund the nation’s growing deficit. Standard Chartered CIO for North Asia, Raymond Cheng, provided commentary on the long-term sustainability of such yields.

Thailand’s Bangchak Corporation Public Company acquired Caltex petrol stations in Hong Kong for HK$2.1 billion (US$270 million) to expand into North Asia. The acquisition involves 100% of the shares of Chevron Hong Kong from Chevron Companies (China).

Oman Air launches a nonstop flight from Muscat to Singapore as part of its strategy to promote Oman as a tourism destination and expand services to North Asia. The airline cites lower costs and its Oneworld alliance membership as factors supporting the new route, which previously failed with a stopover in Kuala Lumpur nine years ago.

A sharp decline in US chip stocks triggered market drops in Asia and Europe, with Korea's market falling 10% in a day. Korea now exports more semiconductors than Japan and leads North Asia's semiconductor market.

ChinaAMC is addressing its investment allocations in North Asia. The article focuses on the firm's strategic considerations for the region.

Goldman Sachs reports that North Asian markets are outperforming South Asian markets due to stronger fiscal ability and AI developments. This divide is driven by the growth in AI and energy resilience. North Asian markets are seeing significant gains as a result.

Indian stocks face increased risk of underperformance as technology-driven markets in North Asia attract investor funds. The Canton Fair in Guangzhou, China, highlights AI advancements, reflecting regional tech momentum.

Goldman Sachs recommends North Asia's technology-focused stock markets over South Asia's, citing stronger growth potential in the region's tech sector. The firm highlights the advantages of tech-heavy markets in North Asia compared to their southern counterparts.