Financial Times
Imports also soar as high oil prices push up bill
Bloomberg Markets
India’s importers are now in the crosshairs of the central bank, as its latest efforts to shore up the rupee expand from financial markets to the economy.
Bloomberg Markets
Nifty jumps as traders seize on a rather noncommittal remark by Sitharaman about the securities transaction tax.
Bloomberg Markets
Surendra Rosha, HSBC Asia & Middle East Co-Chief Executive, discusses growth opportunities in India including infrastructure buildout. (Source: Bloomberg)
Bloomberg Markets
Hongkong Land Holdings Ltd. is in discussions with Ong Beng Seng’s Hotel Properties Ltd. to buy a majority stake in three buildings in Singapore’s Orchard Road shopping belt, according to people familiar with the matter.
Bloomberg Markets
Leaders of India’s youth-led “Cockroach” movement were arrested early Wednesday, the first such move by authorities since protests erupted, in an escalation of tensions over a contentious overhaul of the country’s voter rolls.
Bloomberg Markets
Workers at BHP Group’s giant Escondida copper mine in Chile are set to begin a strike after union leaders said wage talks failed to produce an agreement before the midnight deadline.
Bloomberg Markets
Olympus Corp. shares tumbled the most since April 2025 after the US Food and Drug Administration issued a warning letter to the Japanese medical device maker following inspections the agency previously conducted at six facilities.
Bloomberg Markets
The Securities and Futures Commission warned investment banks and other intermediaries against arrangements that may artificially inflate demand for initial public offerings. Minmin Low has more on "The Asia Trade." (Source: Bloomberg)
NY Times Business
A bipartisan group of 12 senators called on the president to drop his decision to ease sanctions on Russia’s exports of diesel fuel, saying the deal would help Moscow continue the war in Ukraine.
Bloomberg Markets
Gold held a two-day decline after a Federal Reserve official signaled one more interest-rate hike may be needed this year, but further tightening won’t be necessary in 2027, improving sentiment toward the precious metal.
Bloomberg Markets
Allan Gray Ltd., which oversees $29 billion in assets, favors Nigerian stocks over South Korean equities, as they offer a diversification play from the artificial-intelligence frenzy that has swept markets from Wall Street to Asia.
Bloomberg Markets
Bank of America was fined more than $1.21 billion for money laundering and sanctions violations by US regulators. Katherine Doherty has more on "The Asia Trade." (Source: Bloomberg)
Bloomberg Markets
As the Hong Kong dollar nears the weak end of its trading band, strategists see currency defenses raising the risk of volatility in borrowing costs, with interbank cash reserves sitting near historical lows.
Bloomberg Markets
Asian thermal coal prices have surged to a two-year high as power plants stockpile fuel for winter, tightening a market already strained by elevated demand and supply disruptions from China to Indonesia.
Bloomberg Markets
New Zealand’s exodus of citizens to Australia accelerated in the first three months of the year, reaching the highest in 13 years in a further blow to the government just weeks from an election, latest data show.
Bloomberg Markets
China’s world-beating bonds have dodged the selloff in global debt and some fund managers are positioning for further gains due to a strong yuan and a sluggish domestic economy.
NY Times Business
Federal regulators said the bank had waved through suspicious transactions without proper care.
Bloomberg Markets
The global bond rout is giving fixed-income investors a rare chance to lock in Asian junk bond-like payouts without the credit risk of such debt, according to KKR & Co.
Washington Post Business
There’s no evidence the new White House press secretary was admitted to practice law in the United States.