
Taiwan Weighted Index Jumps 4.2% on Broad Tech and Energy Gains
Taiwan's benchmark stock index closed sharply higher on Wednesday, surging 4.20% as strong performance in the technology and energy sectors fueled a broad market rally.

Taiwan's benchmark stock index closed sharply higher on Wednesday, surging 4.20% as strong performance in the technology and energy sectors fueled a broad market rally.

Shares of the Indian lender fell sharply after management unexpectedly cut its full-year return-on-assets forecast, citing pressure on margins and rising operating costs that overshadowed a headline profit beat.

The Swiss life sciences company reported a significant increase in first-half profit and raised its full-year profitability forecast, citing robust demand for its contract drug manufacturing services and improved operational efficiency.

Hong Kong's flag carrier saw its stock rise after forecasting a first-half 2026 net profit of up to HK$6.5 billion, citing robust passenger and cargo demand that helped offset higher fuel costs.

Australia's S&P/ASX 200 benchmark index closed 0.34% higher on Wednesday, lifted by a strong performance in the materials and energy sectors amid rising commodity prices.

Sports betting provider Kambi Group raised its 2026 EBITA forecast by 11% after a strong second quarter, where the World Cup generated over €1 billion in sportsbook turnover across its network.

The UK property and construction group warned that fiscal 2026 pretax profit will be significantly below expectations due to a sharp drop in land sales and challenging housing market conditions.

Volkswagen's China-based unit, CARIZON, is expanding its collaboration with Horizon Robotics to accelerate the development of Level 3 and Level 4 self-driving technologies for the competitive Chinese market.

The UK publisher announced it will receive payments for over 14,000 of its titles included in a class-action lawsuit against the AI firm for using copyrighted books to train its Claude models.