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BENGALURU -- Shares in Indian scooter maker Ola Electric Mobility closed at 91 rupees, 20% more than the issuance price, after its tepid market debut on Friday, underscoring investor optimism that the Softbank-backed startup will turn profitable on the road ahead.
TOKYO -- Nippon Steel's global strategy is at a crossroads as the Japanese steelmaker looks to establish start-to-finish local production in the target markets of the U.S., India and Southeast Asia.
BANGKOK -- The members of Thailand's disbanded Move Forward Party launched a new party on Friday, vowing to continue their efforts to push Thailand forward to democracy.
SYDNEY -- Australia's top defense official on Friday pushed back against criticism that the planned acquisition of nuclear-powered submarines would leave the country beholden to the U.S.
TOKYO -- Central banks are diversifying away from the dollar and yuan while loading up their foreign exchange reserves with a "stateless currency," gold, in a nod to intensifying geopolitical tensions and global economic uncertainties.
SEOUL -- South Korean tech group Naver will not reduce its ownership in Japan's popular chat app Line and internet portal Yahoo Japan, the company's CEO said Friday.
BENGALURU -- Shares in Indian scooter maker Ola Electric Mobility rose 10% after its tepid market debut on Friday, underscoring investor optimism that the Softbank-backed startup will turn profitable on the road ahead.
SYDNEY -- Australia's top defense official on Friday pushed back against criticism that the planned acquisition of nuclear-powered submarines would leave the country beholden to the U.S.