China’s economy showed some improvement in June as Shanghai lifted its lockdown, although there are still a lot of questions about the recovery, which remains muted. Enda Curran reports on Bloomberg Television.
Shiromani Akali Dal (Amritsar) president and ‘Khalistan’ proponent Simranjit Singh Mann, who won the Lok Sabha by-elections from Chief Minister Bhagwant Mann’s home turf Sangrur on Sunday, attributed his victory to Khalistani militant Jarnail Singh Bhindranwale. “It is a win of our party workers and of the teachings that Jarnail Singh Bhindranwale has given,” the […]
End-to-end online sales of passenger vehicles (PVs) have seen an upswing in the last three years as Covid-related disruptions led companies to focus more on such channels and customers getting more comfortable with the idea. Some car manufacturers started basic online channels in 2019, which were sharpened during 2020-2021, and today, sales through the medium […]
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