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

Hindenburg accuses India’s top regulator of conflict of interest. Philippines blasts China for “illegal” air force moves. Asian stocks set for a mixed start. Here’s what you need to know today.

Hindenburg Research has accused the chair of India’s market regulator of conflicts of interest, which it said prevented a thorough examination of manipulation and fraud claims at the Adani Group. The allegations have been strongly denied. Hindenburg, in a report published Saturday, said Madhabi Puri Buch and her husband, Dhaval Buch, invested in offshore entities that were allegedly part of a fund structure in which Vinod Adani — the brother of billionaire Gautam Adani — also had investments. The face-off between Hindenburg and Sebi is escalating. Get the full story here.