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The Rs 1,700-crore IPO, which opened for subscription on August 17 and closed on August 19, drew an exceptional response, with the issue subscribed 62.97 times overall. Investors placed bids for a substantial portion of the 6.27 crore shares on offer.

Three boys from southeastern China offered 10.5 yuan (US$1.5) to a convenience store owner on the brink of closing, igniting a wave of public support. Five years after borrowing money to establish his convenience store in Guangzhou, Chen decided to shut down the shop as business continued to decline

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Shares flat in Asia before Iran sanctions news, Nvidia results Reuters

The extra compensation investors demand to hold long-dated government bonds is likely to remain elevated barring an unexpected economic downturn, presenting opportunities to buy at higher yields, according to Pacific Investment Management Co.

Citigroup Inc. has tied up with Axis Bank Ltd. to finance non-resident Indians investing in foreign-currency deposits with the local lender, according to people familiar with the matter.

A key funding program announced by China nearly half a year ago to shore up investment has yet to get off the ground, according to Caitong Securities Co., a delay that could blunt its impact as economic growth grinds slower.