Bloomberg Business

India’s shorter-maturity bonds rallied and money market rates eased on bets that a withdrawal of the nation’s highest value currency note would leave banks with surplus cash to invest.

Investors are planning to ramp up bets in emerging markets, according to the latest Markets Live Pulse survey — a sign the asset class is becoming a favorite for those wary of a US recession.

China’s tech behemoths will shed more light on their prospects this week after peers signaled the industry is emerging from a volatile few years.

Chinese banks kept their benchmark lending rates unchanged Monday, although calls are growing for more central bank easing to spur the economy’s recovery.

Goldman Sachs Group Inc. expects more gloom for the Chinese currency despite efforts from policymakers to shore up sentiment.

Vietnam’s economic growth target of 6.5% this year may be at risk amid a global slowdown weighing on exports, lingering crisis in the local property sector and higher interest rates hampering businesses, according to lawmakers.

A diplomatic row between the US and South Africa that’s sent the rand to its weakest level on record against the dollar may quash Pretoria’s record of outperforming International Monetary Fund expectations for key budget metrics.

DBS Group Holdings Ltd. expects to achieve earnings of more than S$10 billion ($7.4 billion) in the medium term, driven by a strong balance sheet and an ongoing digital transformation.

Syngenta Group’s planned 65 billion yuan ($9.26 billion) initial public offering, potentially the world’s biggest this year, is expected to boost foreign fund interest in China’s onshore equities market.

President Joe Biden and Republican House Speaker Kevin McCarthy are set to meet Monday for talks on averting a catastrophic US default as time runs short and key differences remain.