Try GOLD - Free
Outflows from Asian equities continue
Mint Mumbai
|October 12, 2023
Asia's emerging equities, excluding China, are poised to see the longest streak of foreign outflows in more than a year as expectations that US rates may remain higher for longer weighed on investor sentiment.
-
Global investors have sold $16.2 billion worth of stocks in the region since 4 September, set for the longest weekly selling stretch in about 16 months, according to data compiled by Bloomberg. The exodus has been led by India, and tech-heavy markets of Taiwan and Korea.
This story is from the October 12, 2023 edition of Mint Mumbai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Mumbai
Mint Mumbai
Rural users central to capacity utilization: Starlink
Elon Musk-owned Starlink on Wednesday said a large part of its capacity will remain underutilized in India if the country's rural users are not brought onto its soon-to-be launched satellite internet services.
1 min
October 09, 2025
Mint Mumbai
Our lacklustre market: The fault, dear investor, is not in our stars
Foreign investors have rational and opportunistic reasons to pull money out but the India Story must refresh its appeal too
4 mins
October 09, 2025
Mint Mumbai
Airtel's chief flags regulatory overreach in telecom sector
Telcos face disproportionate regulatory burden compared to other digital players, Vittal said
3 mins
October 09, 2025
Mint Mumbai
America should think before it slams its door on immigration
The benefits of it are subtle but compelling enough to keep it going
3 mins
October 09, 2025
Mint Mumbai
India plans to launch carbon mkt portal by January
In a significant step in India's climate action journey, the Centre plans to launch the Indian Carbon Market (ICM) portal by January next year, according to two officials aware of the development.
1 min
October 09, 2025
Mint Mumbai
Pharma deals soaring, but top drugmakers hold back
Pharma sector has surged over the past two years
2 mins
October 09, 2025
Mint Mumbai
ReNew in $190-million Sembcorp solar deal
Nasdaq-listed firm is selling assets as part of its capital recycling strategy
2 mins
October 09, 2025
Mint Mumbai
RBI restricts Baghat Urban Co-op Bank
The Reserve Bank of India (RBI) has imposed several restrictions on Solan-based The Baghat Urban Cooperative Bank, including a ₹10,000 cap on withdrawal per customer.
1 min
October 09, 2025
Mint Mumbai
OTT festive makeover: Storytelling, sentiment and new screen economy
While India gears up for its most glittering season, OTT platforms are quietly working behind the scenes to grab a slice of your festive downtime—with fresh lineups, cultural hooks and family friendly stories designed for living room marathons.
2 mins
October 09, 2025
Mint Mumbai
TPG-backed lender Fibe hires bankers for ₹1k-1.5k crore IPO
TPG-backed online lending platform Fibe has shortlisted three investment bankers to steer its initial public offering (IPO), through which it plans to raise between ₹1,000 crore and ₹1,500 crore at a targeted valuation of over $1 billion, three people familiar with the matter said.
1 mins
October 09, 2025
Translate
Change font size