Asian shares slump on chipmaker drag, bonds cheer cooler inflation

Asian shares fell on Thursday as chipmakers stumbled ahead of results from bellwether TSMC, while bonds benefited from another benign reading on U.S. inflation that lessened the risk of an imminent rate hike.

AirAsia MOVE adds Oman Air, Uzbekistan Airways, FitsAir, Hainan Airlines as airline partners

Asian shares fall as Apple's price hikes dents tech optimism

Asian markets have dropped largely due to rising prices from Apple impacting investor confidence.

Asian stocks climb as Micron earnings drive AI optimism, Kospi surges

South Korean shares surged sharply on Thursday on upbeat results from Micron Technology, while Indonesian stocks and the rupiah advanced.

AirAsia X, Mi Technovation, IJM, AEON Credit, Keyfield, Kee Ming, Ann Joo, TWL, Sealink, Carimin

Here is a brief recap of some business news and corporate announcements that made the headlines on Wednesday.

AirAsia missing payments to some suppliers as fuel costs bite — Bloomberg

AirAsia X Bhd has fallen behind on payments to suppliers and asked for deferrals on at least a dozen planes, according to people familiar with the matter, after higher fuel prices strained the low-cost carrier’s finances.

Malaysia among AI-exposed economies to outperform, says S&P

Malaysia is among economies in Asia likely to see better-than-expected expansion from strong growth of technology shipments this year.

Asian investors actively shuffle portfolio, predicting greater volatility ahead

Asia-Pacific investors are actively shuffling their portfolio, predicting greater volatility ahead amid worries over geopolitical risks.

AirAsia X reviewing fares

Natural Resources Ministry to assist MACC probe into elephant transfer to Japan

The Ministry of Natural Resources and Environmental Sustainability will cooperate with the MACC regarding an investigation into the transfer of Asian elephants.