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Asian Development Bank appoints Takeo Konishi as Country Director for India
Konishi succeeds Kenichi Yokoyama who has taken over as Director-General of ADB's South Asia Department and will be based at ADB headquarter in Manila, ADB said in a release.
A look at Chinese central bank's growing India footprint
A couple of days ago, the Chinese central bank followed up its March stake buy in HD...
Asian stock markets gain following tech bounce, euro waits for ECB
MSCI's broadest index of Asia-Pacific shares outside Japan gained half a p...
India's key partner Nazarbayev: Role of personality in Central Asian history
In 1990s, Central Asia’s biggest country and India’s close partner Kazakhstan began its journey towards modernization. Kazakhstan was at the epicenter of many important events in the field of international security, energy, oil market, as well as formation of a new regionalism moves in Eurasia.
Weaker dollar is a reprieve for central banks hoping to ease
A 10 per cent decline in the Bloomberg dollar index since its March high has stemmed a tide of capital outflows triggered by the coronavirus pandemic, and drawn foreign investors back into Asia’s capital markets.
Asian shares buoyed by coronavirus vaccine hopes
"A wild ride indeed and one that is likely to continue as phase 3 vaccine results starts to roll through over the coming weeks," NAB analyst Tapas Strickland said in a note on Monday.
Asian stocks struggle to build on Wall Street gains, dollar rises
MSCI's broadest index of Asia-Pacific shares outside Japan was steady after two days of declines, but the mood was hardly bullish. Japan's Nikkei returned from a two-day holiday to drop 0.6%. Markets in Shanghai and Hong Kong opened flat, the ASX 200 rose 1.6% and South Korea's Kospi fell 0.8% on a jump in coronavirus infections.
RBI to keep rates on hold, provide economic forecasts
All 66 respondents in a Reuters poll expect the repo rate to remain unchanged at 4.0% and a large majority see no cuts until the January-March quarter. The RBI will then likely stay on hold until the end of 2021.
Reliance valuations not sustainable unless they generate cash flow: Sandip Sabharwal
‘Reliance doesn’t deserve to have a market cap of more than HDFC and TCS combined.’
Asian stocks, oil sell off on second wave fears
MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.25% with Australian shares off 0.4% and South Korea slipping 0.6%. Japan's Nikkei fell 0.75%.
Asian shares on shaky footing amid elevated valuations, oil skids
Japan's Nikkei fell 0.4% with SoftBank coming under heavy selling following media reports it has spent at least $4 billion buying call options on listed U.S. technology stocks.
Asian stocks buckle on uncertain US recovery
The positive mood quickly faded however after several Fed members said additional easing may be needed because a rebound in employment was already slowing.
Asian shares slip from 2-year top as economic strains pile up
MSCI's broadest index of Asia-Pacific shares outside Japan edged down 0.1% after hitting its highest since mid-2018 on Tuesday. Japan's Nikkei was off 0.1%.
Dollar hangs on as traders turn to ECB; Brexit wobbles hit sterling
In thin holiday trade the greenback had edged 0.2% higher against a basket of currencies and rose by roughly the same margin against the euro to $1.1816.
Asian shares reverse early gains, euro falls to one-week lows
In early European trade, the pan-region Euro Stoxx 50 futures and German DAX futures added 0.6% each, FTSE futures climbed 0.2% while France's CAC 40 futures rose 0.4%.