SINGAPORE (Reuters) – The Adani Group has called off a $2.5 billion share sale as losses of the group’s largest company climbed to more than $100 billion in the wake of the US short seller’s report. This defeat raised fears that the fallout could also affect confidence in India more broadly. Here are the investment … Read more
DAVOS, Switzerland (Reuters) – The prospect of an imminent global recession cast a long shadow over Davos on Monday as participants packed into the opening annual meeting of the World Economic Forum about the potential cost to their economies and businesses. Two-thirds of the leading private and public sector economists surveyed by the World Economic … Read more
Interest rate expectations fell after inflation slowed in the US Asian stocks hit a 7-month high Japanese Treasury yields shatter the Bank of Japan’s ceiling as bets grow on a policy shift SINGAPORE/TOKYO (Reuters) – Asian stocks rose on Friday as investors rejoiced at slowing U.S. inflation, while the yen hit a seven-month high and … Read more
Who said lack of data hinders response to resurgence risks New restrictions on South Korean and Japanese citizens transiting through China China says visa suspension for South Korea and Japan ‘reasonable’ An escalation of the diplomatic row could complicate economic relations Social media users slam South Korea’s “humiliating” COVID restrictions BEIJING/GENEVA, January 11 (Reuters) – … Read more
SAO PAULO (Reuters) – Brazilian financial markets rose on Wednesday even as criticism grew of President Luiz Inacio Lula da Silva’s economic policies, with analysts and a leading newspaper slamming ministers after markets plunged in the leftist’s first two days in office. Brazil’s real currency and stock market rose after Lula’s chief of staff, Rui … Read more
BRASILIA (Reuters) – Brazilian markets delivered a harsh judgment on leftist President Luiz Inacio Lula da Silva’s first full day on Monday after he pledged to prioritize social issues and ordered an extension of a fuel tax exemption over budget breaches. Lula’s decision to extend the fuel tax exemption, which would deprive the treasury of … Read more
