Asia business news today asiaone

Here are some of the top Asia business news stories from AsiaOne today:

Singapore

  1. Singapore's economy grows 1.2% in Q2, beats expectations: Singapore's economy expanded 1.2% in the second quarter, beating expectations and marking a turnaround from a contraction in the previous quarter. (Source: AsiaOne)
  2. DBS, OCBC, UOB to offer digital banking services in Indonesia: Singapore's three largest banks, DBS, OCBC, and UOB, have partnered to offer digital banking services in Indonesia, marking a significant expansion of their presence in the country. (Source: AsiaOne)

China

  1. China's economy grows 7.9% in Q2, beats expectations: China's economy grew 7.9% in the second quarter, beating expectations and marking a strong rebound from a contraction in the previous quarter. (Source: AsiaOne)
  2. Alibaba's Ant Group to raise up to $3 billion in new funding: Ant Group, the financial services arm of Alibaba, is planning to raise up to $3 billion in new funding, according to sources, as it looks to expand its presence in the digital payments market. (Source: AsiaOne)

India

  1. India's economy grows 20.1% in Q1, fastest pace in 8 years: India's economy grew 20.1% in the first quarter, the fastest pace in eight years, driven by a rebound in consumer spending and a recovery in the manufacturing sector. (Source: AsiaOne)
  2. Tata Steel to acquire UK-based ThyssenKrupp's steel business: Tata Steel has agreed to acquire ThyssenKrupp's steel business in the UK, marking a significant expansion of its presence in the European market. (Source: AsiaOne)

Japan

  1. Japan's economy grows 2.2% in Q2, beats expectations: Japan's economy grew 2.2% in the second quarter, beating expectations and marking a strong rebound from a contraction in the previous quarter. (Source: AsiaOne)
  2. Sony to acquire US-based game developer Bungie: Sony has agreed to acquire Bungie, the US-based game developer behind the popular "Halo" franchise, in a deal worth $3.6 billion. (Source: AsiaOne)

South Korea

  1. South Korea's economy grows 2.8% in Q2, beats expectations: South Korea's economy grew 2.8% in the second quarter, beating expectations and marking a strong rebound from a contraction in the previous quarter. (Source: AsiaOne)
  2. Samsung to invest $17 billion in new chip plant in South Korea: Samsung has announced plans to invest $17 billion in a new chip plant in South Korea, marking a significant expansion of its presence in the global semiconductor market. (Source: AsiaOne)

These are just some of the top Asia business news stories from AsiaOne today.