The Reserve Bank of India may pause its rate hike cycle as early as the next monetary policy decision in February, according to Ankita Pathak, an economist at DSP Investment Managers Pvt.
Some of the biggest global banks are going short the Singapore dollar, saying the improving regional outlook is damping demand for its haven qualities.
China Evergrande Group, the developer at the heart of the nation’s property crisis, has been discussing a restructuring proposal with creditors that includes two options for extending payment deadlines on unsecured offshore debt, people familiar with the matter said.
China’s population started shrinking in 2022 for the first time in six decades, the latest milestone in a worsening demographic crisis for the world’s second-largest economy.
Brookfield Asset Management is considering selling technology outsourcing firm Everise for about $1 billion amid interest from potential buyers, according to people familiar with the matter.
Singapore expects tourist numbers to double from last year to reach 12-14 million visitors in 2023, helped by China’s decision to drop Covid travel restrictions, along with an increase in flight connectivity and capacity.
Pakistan Peoples Party, a major partner in the country’s ruling coalition, won a majority of seats in local government elections in Karachi, the country’s largest city, to upset former Prime Minister Imran Khan in his stronghold.
Investors are looking to bet against Italy’s peer-beating bond rally, saying the gains have gone too far.
The UK government’s decision to block a law making it easier for people to change their gender risks widening the rift over the future of the union.
A Bitcoin rebound has put crypto mining stocks on course for their best monthly performance in at least a year, providing some respite from the debt and energy-price worries that pummeled the shares in 2022.
