One of India’s biggest state-backed lenders will consider all borrower requests if the proposal meets the bank’s underwriting standards, a top official said when asked if it will consider lending to the beleaguered Adani Group.
India’s most dovish rate setter who warned of a severe growth hit due to aggressive policy tightening wants the central bank to pause, rather than stop, to assess growth-inflation dynamics before acting further.
The US is likely to impose a limit on the chip production capabilities of Samsung Electronics Co. and SK Hynix Inc. in China, a senior American official said, as Washington works with allies to curb Beijing’s access to cutting-edge technologies.
The Adani Group will hold a fixed-income investor roadshow in Asia next week as the embattled Indian conglomerate seeks to repair the damage caused by a shock short-seller report.
The father of an 11-year-old girl who died from avian influenza in Cambodia this week has been diagnosed with the virus, officials said, stoking concerns about the possibility of another animal-borne virus affecting humans.
Shenzhen Cloudsky Technologies Co. is considering an initial public offering that could raise about $200 million as soon as this year, according to people familiar with the matter.
Multimillion-dollar villas are the order of the day as developers and international elite flock to the Indian Ocean island
Indian Prime Minister Narendra Modi underscored the threat being faced by debt-ridden developing nations as finance chiefs from the Group of 20 kicked off their meetings.
Taiwan has emphasized there are no US troops “stationed” on the island after the Pentagon said it planned to increase its presence there, the latest sign of Washington’s willingness to raise the ire of China.
Chinese President Xi Jinping is set to bring decision-making of the financial system further under his control with the likely revival of a powerful committee to coordinate financial policy and the possible appointment of a key ally in a top position at the central bank.
