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Abu Dhabi wealth fund L’imad Holding is offering to buy out minority shareholders in the city’s port operator valuing the firm at 31.8 billion dirhams ($8.66 billion), in a move that could reverse the emirate’s recent push to bring more strategic holdings to public markets.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
Sri Lankan inflation will likely slow back toward the central bank’s target over the second half of this year and into next year, central bank Governor Nandalal Weerasinghe tells Bloomberg Television…
A rate increase at the central bank’s September meeting has become “very unlikely” due to softer retail sales data
Shorter-tenor India bond yields surged after the central bank said it will close a special dollar deposit window for overseas residents a month earlier than scheduled.