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Asia’s currency fight moves offshore as central banks push backAsian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dol...- Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.
- US lawmakers urge tighter rules on contract chipmakers supplying Chinese firms' overseas unitsThis comes after the Trump administration last week moved to halt a potential loophole that may have led companies to export advanced chi...
- 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 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 ...
- China out, India in? The Japanese begin a quiet but powerful pivotJapanese banks are increasingly shifting their Asia strategy from China to India and Southeast Asia as slowing growth, rising costs and geo...
- From lottery draws to fiscal spending, China broadens digital yuan footprintIn a series of measures, many revealed here for the first time, the People's Bank of China (PBOC) is giving banks policy incentives and beh...
- War & AImpact: China's export-price jump fastest in 3 yearsChina's export prices surged 5% in April, the fastest in three years, driven by global energy costs and AI demand for commodities like oil,...
- Global Market: Oil crisis and strong dollar intensify pressure on Asian currenciesAsian economies face a global energy shock. Policymakers are enacting emergency measures as currencies weaken and fuel costs surge. India u...
- Gold at over one-week low as dollar, yields climb, Middle East tensions stoke inflationGold prices have fallen to a one-week low. This decline is driven by rising U.S. Treasury yields and a stronger dollar. Inflation fears fro...
- As rupee dips, I-T steps up vigil on shady outflowsIn multiple cases, individuals have used dozens of fake permanent account numbers (PANs) with the same name but different addresses and dat...
- India losing investor attention to Asia’s AI-electronics surge, says DBS economistGlobal capital is shifting towards electronics and AI in Asia. India's foreign direct investment slowdown is not a major concern. Asia's ex...
- FDI slowdown in India not a source of alarm, says DBS chief economistIn a landscape where global capital is increasingly directed towards the booming electronics and AI industries in Asia, the recent dip in I...
- Made in USA gold Trump mobile phone has missed 5 shipping deadlines - here's when thousands of workers expect to get itThe Trump Mobile T1 phone shipping update is now official, with pre-order deliveries starting this week after months of delays. This marks ...
- Gold steady with US-China summit, MidEast developments in focusGold prices remained stable in early Asian trade. Investors are awaiting a key U.S.-China summit in Beijing. Developments in the Middle Eas...
- Gold Price today: Will gold rate crash on Wednesday? Donald Trump holds keyGold rate today: Reopeing of Strait of Hormuz and lasting peace in Iran will play pivotal role in dictating gold price.
- What's at stake at the Trump-Xi summitPresident Donald Trump will meet President Xi Jinping in Beijing next week. The leaders aim to ease tensions over trade, Taiwan, and the Ir...
- Rupee sinks to fresh closing low of 95.08 against USD on NDF maturities, firm crudeThe Indian rupee has reached its weakest point ever. This is due to increased demand for dollars and higher oil prices. India's central ban...
- DEA notifies FDI easing for foreign cos with up to 10 pc Chinese stake under FEMANew rules allow overseas firms with up to 10 percent Chinese ownership to invest in India automatically. This applies to sectors open for f...
- Indian rupee gains, hedging costs dip as oil price cool-off offers reliefA drop in oil prices boosted the rupee and reduced hedging costs, easing pressure on importers and improving currency sentiment.
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