Indian officials are proposing to extend a free grains program well into next year’s national election season, according to people familiar with the matter, a move likely to support Prime Minister Narendra Modi’s reelection bid for a third term.
Chinese authorities asked some mutual funds to avoid selling equities on a net basis a day after financial regulators announced a slew of measures to “invigorate capital markets and boost investor confidence.”
Singapore’s Hotel Properties Ltd., whose managing director Ong Beng Seng is currently under a graft probe, has won government approval to redevelop three of its properties on Orchard Road, the city-state’s famed shopping strip.
Christine Lagarde’s avoidance of a clear signal of intent for European Central Bank policy has just thrown a brighter spotlight on a pivotal week in the euro zone.
Singapore family office Whampoa Group recruited Ali Moosa from JPMorgan Chase & Co. to help oversee a digital bank in Bahrain whose services include payments and settlement for crypto companies.
The threat of strikes at some Australian liquefied natural gas plants remains in focus amid pay disputes between Chevron Corp. and union officials, as unions endorsed action at the company’s Gorgon and Wheatstone facilities.
Russia is considering setting up a unified trading company to export fertilizers in a bid to increase its pricing influence on global markets.
Shares of Japanese companies that are especially reliant on China demand plunged after users online in Asia’s biggest economy called for a boycott over the release of treated wastewater from the wrecked Fukushima nuclear plant.
Joining the BRICS bloc of emerging economies by the United Arab Emirates won’t come to the detriment of its ties with western nations, a top UAE official said, amid concern that China and Russia are expanding the group to counterbalance US and European influence.
Base metals were generally flat on the Shanghai Futures Exchange after China’s state-owned media said Beijing authorities are set to implement measures to bolster its stock and property markets.
