Equities in China and India are being touted as potential outperformers in Asia in the second half of the year as investors flock to emerging-market themes. About a third of 19 Asia-based strategists and fund managers surveyed informally by Bloomberg News said they see Chinese stocks outstripping most over the […]
Asia
Oil held steady near a two-month high as signs of weaker demand in Asia vied with a decline in US crude stockpiles. West Texas Intermediate was little changed at just under $84 a barrel after closing at the highest settlement price since mid-April on Wednesday. Brent crude also traded relatively […]
India is taking steps to reduce the paperwork required for foreign investors to purchase its sovereign bonds, according to a Bloomberg report citing an unnamed source. This move follows a Bloomberg report highlighting foreign investors’ challenges due to the extensive paperwork involved. Also Read | Mumbai local train update: 5-hour […]
About $3.9 billion has been raised in India via IPOs so far this year, more than double the same period in 2023, and a tally that’s higher than the combined amount raised in South Korea and Hong Kong, according to data compiled by Bloomberg. Also Read | Lok Sabha Elections […]