MUMBAI (Reuters) – The U.S. dollar-denominated bonds issued by entities of India’s Adani Group were trading marginally higher on Thursday, after a group company said it will consider a buyback of securities. On Wednesday, Adani Ports and Special Economic Zone, part of the beleaguered Adani Group, said it will consider its first and a partial…
By Laurie Chen BEIJING (Reuters) – At least two Chinese women who joined historic “white paper” demonstrations in Beijing calling for an end to COVID-19 curbs were released on Wednesday after almost four months in detention, two of their friends told Reuters. The protests, unprecedented in President Xi Jinping’s decade in power, began in late…
By Madhumita Gokhale BENGALURU (Reuters) – India’s economy will slow considerably this fiscal year as the global economic slowdown impedes domestic growth prospects, according to a Reuters poll, which showed inflation will remain elevated despite recent interest rate hikes. While the expected expansion would be faster than other major economies, it will be below the…
By Khalid Abdelaziz and Nafisa Eltahir KHARTOUM/CAIRO (Reuters) -A new attempt at a ceasefire in fierce fighting between Sudanese troops and paramilitary forces in Khartoum failed on Wednesday, leaving people fearful about dwindling food supplies and a breakdown in medical services. The 24-hour ceasefire – lobbied for by countries trying to evacuate their citizens after…
By Alexander Ratz BERLIN (Reuters) – German Foreign Minister Annalena Baerbock on Wednesday described parts of her recent trip to China as “more than shocking” and said Beijing was increasingly becoming a systemic rival more than a trade partner and competitor. The blunt remarks followed Baerbock’s visit to Beijing last week where she warned that…
NEW DELHI (Reuters) – South Asia is home to highest number of child brides in the world as increased financial pressures and school closures due to COVID-19 forced families to marry off their young daughters, according to new estimates released by UNICEF on Wednesday. There were 290 million child brides in the region, accounting for…
By Tetsushi Kajimoto and Yoshifumi Takemoto TOKYO (Reuters) – The Bank of Japan (BOJ) should alter its massive monetary stimulus even though it may be painful for an economy accustomed to decades of ultra-low interest rates, the country’s former top currency diplomat Rintaro Tamaki said. New BOJ Governor Kazuo Ueda currently has the “momentum” needed…
By Alasdair Pal SYDNEY (Reuters) – Australia on Thursday released its review of the Reserve Bank of Australia, the first external review of the central bank and the operation of monetary policy in four decades. The report made 51 recommendations, including moving to a clearer monetary policy framework and greater accountability. Here are the key…
By Tim Kelly TOKYO (Reuters) – Most Japanese firms want Bank of Japan Governor Kazuo Ueda to focus on financial market stability at his first policy meeting next week, with few seeing benefits from any easing of its ultra-loose monetary policy, a Reuters monthly poll showed. Ueda has so far signalled his intent to maintain…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Stocks may be treading water as investors digest a mixed flow of U.S. earnings and red hot UK inflation is pushing up global bond yields, but investors in Asia with a glass half full outlook on Thursday might…
