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BANK OF EAST ASIA
HDFC raises $750-m ECB, first under RBI's special swap planHDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's 1.5% fixed-rate swap for external...
PM Modi interacts with world leaders during G7 SummitPrime Minister Narendra Modi attended the G7 Summit in France. Leaders from Italy, the European Union, and Kenya were present. The G7 natio...
Crop prices drop as Hormuz reopening to ease farm-input shockThe development, stemming from an interim US-Iran agreement, could alleviate food inflation fears fueled by the Middle East conflict.
Dollar sways near 10-day lows as attention turns to BOJ and RBAA preliminary deal to end the Middle East war boosted global risk appetite, sending oil prices down and the U.S. dollar near 10-day lows. I...
Quarter after quarter, year after year, India is fastest growing economy: FM SitharamanFinance Minister Nirmala Sitharaman said India remains the world's fastest-growing major economy and accused Congress leader Rahul Gandhi o...
India's wholesale inflation at 9.68% in May under revamped series as Iran war-driven oil costs biteIndia’s wholesale inflation stood at 9.68% in May under a new series, with food and fuel prices remaining high amid ongoing US-Iran conflic...
STOXX 600 hits record high after US-Iran preliminary peace dealEurope's STOXX 600 reached a record high as a preliminary peace agreement between the US and Iran boosted global risk sentiment and lowered...
Dollar hits 10-day low as US, Iran reach peace dealThe US dollar weakened significantly on Monday. This happened after news of a peace deal between the United States and Iran emerged. Oil pr...
Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...
India eyes global bio-energy leadership with unified push on capital, missions and SAF exportsIndia is poised to become a major bio-energy exporter and bolster its energy security. Industry leaders at the India Bio-Energy Conference ...
Manipur CM urges NITI Aayog to drive state's recovery and developmentManipur Chief Minister Yumnam Khemchand Singh urged NITI Aayog to spearhead the state's economic recovery and long-term development, emphas...
Dollar steadies on ceasefire prospects, PPI eases pressure on FedThe dollar strengthened Friday after President Trump's decision to cancel planned attacks on Iran, suggesting a potential ceasefire deal. T...
Japanese investors are looking beyond China... India is key alternative: Tsutomu Takemura, Senior MD, NomuraIndia is increasingly becoming a long-term structural investment destination rather than a short-term strategic bet. Global capital is movi...
India to remain fastest-growing major economy at 6.6 pc in FY27, down from 7.2 last year: World BankIndia will remain the world's fastest-growing major economy. Growth is projected to slow to 6.6 percent in fiscal year 2026-27. This modera...
About 19 million from India and several other countries migrated to Gulf countries since 2010: StudyA new study reveals that approximately 19 million people have migrated from India, Pakistan, and Bangladesh to the Middle East since 2010, ...
Asian stocks rebound on Iran optimism, AI tradeAsian stocks rebounded, led by South Korea's Kospi, as Middle East tensions eased and artificial intelligence shares recovered. Wall Street...
RBI seen joining Asia’s rate-hike push as inflation risks riseThe Reserve Bank of India is expected to increase interest rates soon. This move aligns with other central banks responding to rising infla...
Global markets: Europe's STOXX 600 hits two-week low on Mideast escalation, AI jittersEuropean shares hit a two-week low as Middle East tensions and a global AI stock selloff weighed on the market. Crude oil prices surged ove...
Rupee inches up, defies Asian peers; caution prevails before RBI policyThe Indian rupee strengthened on Friday, defying subdued Asian markets ahead of a key policy decision. While a currency trader noted flow-d...
Global Market: Hong Kong financial stocks tumble as China tightens capital outflow controlsHong Kong financial shares fell Friday. Beijing's new capital controls are causing concern. Global banks with mainland China business face ...