LIC share price rose around 2 per cent on Tuesday, a day after the stock was categorised as largecap, according to the Association of Mutual Funds in India’s (AMFI) latest stock categorisation. The stock was quoting at Rs 707, up 2 per cent on NSE. LIC share price has tumbled 27% from issue price of […]
Charu Chanana, market strategist at Saxo Capital Markets, discusses the outlook for the U.S. economy, Treasuries and Federal Reserve policy. She also talks about China’s economy, financial markets, and Reserve Bank of Australia’s policy. She speaks with David Ingles and Haidi Stroud-Watts on “Bloomberg Daybreak: Asia.”
South Korea’s inflation hit its fastest clip since late 1998 in June. The Philippines’ consumer prices rose more than economists expected, accelerating to the fastest since late 2018. Thailand’s retail inflation accelerated to a new 14-year high. Michelle Jamrisko reports on Bloomberg Television.
Car major Ford India has increased the equivalent average days in its severance package offer from the earlier 115 days to 121 days for employees who are supporting production at the Chennai plant, in a bid to ensure timely settlement for all employees by July 31. The company has requested the workers’ union to engage […]
Claudio Piron, co-head of Asia foreign exchange and rates strategy at BofA Securities, discusses the outlook for the region’s economies, central banks’ policies, and global currencies. He also talks about a survey that shows China’s services activity beat expectations in June and jumped to the highest level in nearly a year. He speaks with Yvonne […]
Facing flak over her call for ‘jihad’ against the Bharatiya Janata Party in West Bengal, Chief Minister Mamata Banerjee on Monday clarified her statement and said that ‘jihad’ only meant “strong protests ” in Bengali. Addressing a rally in Asansol on June 28, the Trinamool Congress supremo told her party workers, “On July 21, we […]
Unknown hackers claimed to have stolen data on as many as a billion Chinese residents after breaching a Shanghai police database. Industry experts are saying this may be the largest cybersecurity breach in the country’s history. Edwin Chan reports on Bloomberg Television.
Felipe Medalla, the newly-appointed governor of the Philippine central bank, discusses monetary policy and the outlook for the economy. Medalla said last month the central bank won’t shy from larger rate increases to prevent a steep peso fall from further stoking inflation. He speaks with David Ingles and Haidi Stroud-Watts on “Bloomberg Daybreak: Asia.”