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South Korea’s 30-year government bond yield climbed to a record, as elevated energy prices and weaker demand from life insurers intensified pressure on the debt market.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
Indian shares may open marginally higher on Wednesday , supported by positive earnings and foreign buying, though high oil prices and caution ahead of US inflation data are likely to keep investor sentiment in check. GIFT Nifty futures were at 24,553 points, as of 8:03 a.m.
SINGAPORE: The dollar traded sideways in early Asian dealings on Wednesday , shrugging off renewed attacks on shipping in critical waterways in the Middle East, as currency markets awaited the release of inflation data later in the global day.
MUMBAI: A monsoon in India is expected to bring below-average rainfall to the country’s western, central and southern regions over the next fortnight, threatening newly planted cotton, soybean, corn and pulse crops, two senior weather officials said.
Timing of decision to take 25% stake ‘could not have been worse’, says executive
His term as chairman runs until February 2027, but he must be reappointed as a director to remain in the role.
