Five Things You Need to Know to Start Your Day: Asia

Good morning. Hindenburg made a tiny profit from Adani rout. Modi to cozy up to Putin with Russia visit. China-Taiwan tensions ratchet up a notch. Here’s what’s moving markets — Sebastian Boyd

Hindenburg Research made tiny gains of just over $4 million after the short-selling report that triggered a $153 billion rout in Adani Group assets. That figure, which hasn’t been independently confirmed by Bloomberg News, was disclosed by Hindenburg in a statement on its website Monday. It’s the first time the New York-based firm, founded by Nathan Anderson, has provided a tally of its winnings from last year’s bombshell report alleging fraud and market manipulation at the Indian business empire of Gautam Adani — one of Asia’s richest tycoons.