Teck Leng Tan, executive director of Asia Pacific foreign exchange and macro strategist at UBS Wealth Management, discusses the outlook for Asian currencies and the Swiss franc. He speaks with Haslinda Amin and Rishaad Salamat on “Bloomberg Markets: Asia.”
SHANGHAI — Customers of China’s BYD Co Ltd, the world’s biggest electric vehicle (EVs) maker by sales, have taken the unusual step of urging regulators to expand a battery replacement recall to safeguard the reputation of a national champion. Read More
SHANGHAI — China stocks bounced higher on Thursday, with major indexes set for their biggest monthly gain in nearly two years, supported by signs of economic recovery and the easing of COVID-19 restrictions, while Hong Kong was largely flat. ** By midday break, Shanghai Composite index rose 1.3% to 3,405.64 points, while blue-chip CSI300 index […]
VILNIUS/BRUSSELS — Trade through Lithuania to the Russian exclave of Kaliningrad could return to normal within days, two sources familiar with the matter said, as European officials edge towards a compromise deal with the Baltic state to defuse a row with Moscow. Read More
A nomination for the presidential poll will be rejected if it is not backed by 50 proposers and 50 seconders from the electoral college made up of members of Parliament and legislative assemblies. The nomination will also be rejected if an aspirant does not pay Rs 15,000 in cash or present a receipt showing such […]
LONDON — Global nuclear power capacity needs to double by mid-century to reach net-zero emissions targets and help ensure energy security as governments try to reduce their reliance on imported fossil fuels, the International Energy Agency (IEA) said on Thursday. Read More
Water supply will be hit in several parts of Delhi on Thursday, the Delhi Jal Board has warned, with water levels in the Yamuna dropping to a 57-year low. The utility recorded the level in the Wazirabad pond at 666.8 ft, the lowest since 1965, against a normal of 674.5 ft due to Haryana releasing […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold prices were trading weak in India on Thursday, despite positive global trends. On Multi Commodity Exchange, gold August futures were ruling Rs 17 down at Rs 50,712 per 10 gram. So far this fiscal year, MCX gold has fallen 2.4 per cent. Silver September futures […]
The annual Amarnath Yatra began on Thursday as a batch of about 2,750 pilgrims left the base camp here for the cave shrine housing the naturally formed ice-lingam in the south Kashmir Himalayas.The pilgrimage was flagged off by Deputy Commissioner Piyush Singla at the Nunwan base camp in the Anantnag district’s Pahalgam. The journey — […]