Delhiites woke up to a warm Monday morning with the minimum temperature settling at 29.8 degrees Celsius, two notches above the season’s average.The relative humidity at 8.30 am was 62 per cent. The weather department has predicted partly cloudy sky with the possibility of thunder and lightning. The maximum temperature is likely to settle around […]
SINGAPORE — Oil prices extended gains on Monday as investors stood on guard for any moves against Russian oil and gas exports that might come out of a meeting of leaders of the Group of Seven (G7) nations meeting in Germany. Read More
SHANGHAI — China stocks rose on Monday, with tourism and consumer sectors leading the gains, as Shanghai’s top party boss declared victory over COVID-19 after the city reported zero new local cases for the first time in two months. Read More
Ajay Kapur, head of Asia Pacific and global emerging-markets strategy at BofA Securities, discusses policies of central banks including the Federal Reserve, and the implications for economies and markets. He also talks about the outlook for China’s economy, and the opportunities he sees in global markets. He speaks with Yvonne Man on “Bloomberg Markets: China […]
Russia has defaulted on its foreign-currency sovereign debt for the first time since 1918 with the grace periods on two euro bond coupons expiring. Su Keenan reports on Bloomberg Television.
LAUNCESTON — Iron ore prices have slipped for three straight weeks, with the decline reflecting an evaporation in confidence over China’s economic stimulus, which in turn threatens to hit demand for the steel raw material in coming months. Read More
Jenny Zeng, co-head of Asia Pacific fixed income at AllianceBernstein, discusses the outlook for the region’s bond markets, China’s economy and policies. She also talks about the prospects for the U.S. economy and Federal Reserve policy. She speaks with Yvonne Man and Rishaad Salamat on “Bloomberg Markets: Asia.”
Ray Sharma-Ong, multi-asset solutions investment director for Asia Pacific at abrdn, discusses the outlook for the U.S. economy, its implications for Asian financial markets, and the investment opportunities he sees. He speaks with Shery Ahn and Haidi Stroud-Watts on “Bloomberg Daybreak: Asia.”
The all-powerful GST Council at its meeting in Chandigarh this week is likely to make changes in goods and services tax (GST) rates on a handful of items and may go with the officers panel’s recommendations to maintain status quo in rates of over 215 items. The 47th meeting of the GST Council, headed by […]
The national capital on Sunday woke up to partly cloudy sky recording a minimum temperature of 29 degrees Celsius, one notch above the season’s average, according to the India Meteorological Department (IMD). The relative humidity was 68 per cent at 8.30 am, according to the IMD. The weather department has predicted partly cloudy sky during […]