India's goods exports grew significantly in July, driven by engineering and electronics sectors. Imports also increased, leading to a wider trade deficit compared to last year. Gold and silver imports saw varied performance after a customs duty hike was implemented. Exports to West Asia showed recovery, and border trade resumed through Nathu La. Overall goods exports for April-July also…
Korean shares opened sharply higher Friday, led by gains in major chipmakers, tracking an overnight rally in U.S. shares, as latest U.S. data eased woes over accelerating inflation.
The USD/JPY pair loses traction to near 159.45 during the Asian trading hours on Friday. Softer US inflation reports and fears of currency intervention weigh on the US Dollar (USD) against the…
Asian memory-chip stocks climbed, as a bullish outlook from Sandisk Corp. boosted optimism on longer term benefits from the artificial intelligence boom.