Sri Lankan President Gotabaya Rajapaksa has agreed to step down after months of persistent protests over fuel shortages and skyrocketing prices. The weekend saw him flee his official residence just before protesters broke in occupying the building and grounds. Daniel Ten Kate reports on Bloomberg Television. ——– Follow Bloomberg for business news & analysis, up-to-the-minute […]
Manishi Raychaudhuri, head of Asia Pacific equity research at BNP Paribas, explains why he has turned more constructive on Chinese stocks, and why he is “overweight” equities in South Korea Korea, India, Indonesia and Thailand. He speaks with Haidi Stroud-Watts and Kathleen Hays on “Bloomberg Daybreak: Asia.”
Shanghai reported its first case of the BA.5 sub-variant. The city is warning of “very high” risks amid fears of a return to its earlier lockdown. Meanwhile, Macau will shut almost all business premises including casinos for a week from Monday as Covid-19 infections keep increasing. Emma O’Brien reports on Bloomberg Television.
Robert Dujarric, co-director of Temple University’s Institute of Contemporary Asian Studies and co-author of “The Abe Legacy: How Japan Has Been Shaped by Abe Shinzo” talks about the political legacy of the former Japanese Prime Minister, who died after being shot at a campaign event Friday, and the challenges current Premier Fumio Kishida faces. Abe is perhaps […]
Small business finance can be slow, inflexible and have a negative impact, learn how Rob Straathof has changed this. Whether businesses are looking to expand, buy stock or invest in marketing, most will need access to fast and flexible funding to help them achieve their goals. For many years traditional high street banks have reduced […]
Trading activity in the domestic equity market this week will be influenced by a host of macroeconomic data announcements, including inflation number for June, first quarter earnings from companies, global trends and foreign funds movement, analysts said. Besides, other key factors like rupee-dollar trend and Brent crude oil price will also guide market sentiments, they […]
Foreign investors continue to desert Indian equity markets and have pulled out over Rs 4,000 crore this month so far amid steady appreciation of the dollar and rising interest rates in the US. However, the pace of selling by foreign portfolio investors (FPIs) has been declining over the last few weeks. “With oil prices breaching […]
TOKYO/NARA — Japanese voters went to the polls on Sunday for a parliamentary election that may give the ruling Liberal Democratic Party (LDP) a surge of support after the assassination of former Prime Minister Shinzo Abe, a dominant politician and power broker. Read More
Industry body IBA has invited bids from advisory firms and institutes to design and deliver a leadership development programme for public sector banks (PSBs) to prepare a pipeline of leaders in tune with the increasing competitive landscape. The selected entity will design and deliver the training programme for senior officers of PSBs, including chief general […]
Falling up to 13 per cent this year so far, BSE smallcap and midcap stocks have lagged behind the benchmark Sensex as experts said these indices had climbed more than the frontline index during the “good times” and a deeper correction is natural in the current turbulent times. Equity markets have faced many headwinds this […]