In a fresh setback to the campaign for Opposition’s Presidential candidate Yashwant Sinha, Suheldev Bharatiya Samaj Party chief Om Prakash Rajbhar announced his party’s support for NDA nominee Droupadi Murmu for the July 18 polls. The development marks yet another dent in the Opposition’s hopes of putting up a united fight against the BJP-led National […]
NUSA DUA — U.S. Treasury Secretary Janet Yellen on Friday urged Group of 20 major economies to take urgent action to address a short-term food insecurity crisis exacerbated by Russia’s war in Ukraine, and avoid market-distorting export restrictions and stockpiling. Read More
By Edul Patel The crypto market has been going through a downward trend with a sharp decline in prices since the beginning of this year. Even though all corrections are different and are caused by various factors, the current situation can be compared with the period between 2018 to 2020, which is commonly referred to […]
NUSA DUA — Indonesian Finance Minister Sri Mulyani Indrawati on Friday called for a G20 joint forum to come up with concrete action to tackle growing food insecurity and a looming fertilizer supply crisis. Read More
(Bloomberg) — Copper, a darling of the global economic recovery from the pandemic, tumbled to its lowest level in 20 months as fears of a worldwide recession continued to mount, damping the outlook for demand of the metal used in everything from automobiles to homes to iPhones. Read More
BEIJING — China’s economic growth slowed sharply in the second quarter, highlighting the colossal toll on activity from widespread COVID lockdowns and pointing to persistent pressure over coming months from a darkening global outlook. Read More
Share prices were mixed in Asia on Friday after China reported its economy contracted by 2.6% in the last quarter as virus shutdowns kept businesses closed and people at home. U.S. futures and oil prices edged higher. Tokyo’s Nikkei 225 index added 0.5% to 26,788.47. The Kospi in Seoul was up 0.2% at 2,327.76 and […]
Mutual Fund (MF) is considered as a safer way to venture into equity markets compared to direct investments in stocks. This is because equity-oriented MF schemes provide a ready-made diversified portfolio managed by professional fund managers. As a result, salaried individuals and persons engaged in other professions may invest without the worry of studying and […]
South Africa Finance Minister Enoch Godongwana discusses the impact of Fed rate hikes on South Africa, surging debt in emerging economies and South Africa’s energy crisis. He speaks on Bloomberg Television from the sidelines of the G-20 Summit in Bali. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: […]