While until a few months ago incumbent PM Modi seemed sure to win a large majority, voter fatigue and a resurgent opposition may spring a surprise on investors
Chinese, Hong Kong, Singapore and South Korean markets were closed for the Lunar New Year, while Japan was also shut for National Day
After a smaller-than-expected interest rate cut raised doubts on whether Chinese policymakers would act forcefully enough to support the economy, investors are positioning for a longer game
Investors from abroad purchased a net $872 million of stocks in April in India, Indonesia, the Philippines, South Korea, Taiwan, Thailand and Vietnam
Goldman Sachs estimates that $100 billion to $200 billion of foreign holdings could be at risk if global funds significantly cut their allocations of Chinese equities
Shares in Japan closed at their highest level in nearly seven weeks, while world stocks also hit a five-week high and most Asian currencies also eked out gains after a decline in the dollar index
Hong Kong Exchanges and Clearing Ltd (HKEX) is weighing opening global offices to woo companies and investors in Europe and North America
"It is turning into a Black Monday in Asia," Oanda wrote in a client note. "The R-word (is) now on everyone's lips" amid "a scramble to reassess Fed hiking expectations."
ADDX uses blockchain and smart contract technology to tokenise and fractionalise pre-IPO equity, private equity and hedge funds, as well as bonds
Hang Seng Indexes said the metaverse "has captured the attention of people around the world" and such companies are rapidly growing in popularity
Strict Covid-curbs have put 26 million lives on hold in Shanghai - China's most important economic hub. The resulting supply chain disruptions and revenue losses will spell fresh economic trouble for China, and the world.
India will have a bumper crop of IPOs this month with the largest offering from digital payments and e-commerce company Paytm.