Australian and South Korean shares gained with US futures after the S&P 500 climbed 1.1% and the Nasdaq 100 rose 1.3%. Hong Kong contracts were little changed following a drop in US-listed Chinese stocks in a sign China’s outperformance against US equities this year may be faltering. Japanese markets are shut for a holiday, meaning there’s no trading of cash Treasuries in Asia.
Adani Group’s cost of capital falls 104 basis points in FY25 amid credit upgrades
In a recent investor meeting, Adani officials stated that the reduction in borrowing costs is due to several credit rating upgrades, a more stable earnings
March 20, 2025