Indonesia will ease import restrictions and rules on many goods and raw materials in a bid to make it easier to do business in the country, ministers said on Monday, ahead of the July 9 deadline for …
India’s equity benchmarks muted as financials, auto offset broader gains
India’s equity benchmarks opened flat on Monday, taking a breather after last week’s gains driven by easing geopolitical tensions, improved global cues and renewed foreign inflows. The Nifty 50 shed 0 …
India’s Bond Index Moment Falters as Foreign Inflows Dry Up
India’s breakthrough into global debt markets is in need of a second act. Foreign investors have bought a net $20 billion of the nation’s index-eligible sovereign debt after JPMorgan Chase & Co.
Ford’s CEO says China’s EV progress is ‘the most humbling thing’ he’s ever seen
“We are in global competition with China and it’s not just EVs. And if we lose this, we do not have a future Ford,” Jim Farley, the CEO of Ford, said.
U.S.-China trade truce doesn’t even address the ‘low-hanging fruits’: OCBC
Tommy Xie of OCBC discusses the trade agreement framework between the U.S. and China, and says that one potential “big solution” to China’s economic issues is structural reform regarding the rights of …
China’s tighter export controls squeeze wider range of rare earths
China’s export controls are spilling over into products beyond the rare earths and magnets officially identified by Beijing, threatening broader supply chain disruption and undermining US claims that …
India’s stocks may open higher on easing geopolitical woes, foreign inflows
India’s equity benchmarks are set to open higher on Monday, supported by improved global risk appetite, easing geopolitical tensions, and a resurgence in foreign investor inflows.
China’s Ant Group invested $3.26 billion in R&D in 2024
SHANGHAI (Reuters) -Chinese financial technology firm Ant Group said on Monday that it has increased investment in research and development (R&D) for four consecutive years since 2021, reaching a …
Rupee to ride Asia FX rally on US-China trade cheer
The Indian rupee is likely to be well supported at open on Monday, aided by the strength in Asian currencies following positive trade-related developments between the U.S. and China.
China’s Zijin Mining to acquire Kazakh gold mine in $1.2 billion deal
China’s biggest gold and copper producer Zijin Mining said on Monday it had agreed to buy one of the largest gold mines of Kazakhstan, the Raygorodok Gold Mine, for $1.2 billion. Zijin said its unit …