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Billionaire banker Uday Kotak said India should allow its currency to find its own footing, arguing that uncertainty over policymakers’ intentions can keep markets guessing as global capital flows shift.
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Pharmaceutical sales jumped 7.7% in the quarter to $16.76 billion, but medical technology division sales rose just 2.5% to $8.6 billion.
The selloff in Asia wiped an estimated $5.5 billion off SoftBank founder Masayoshi Son’s fortune, while Nvidia, Micron and other major U.S. chip stocks fell in premarket trading.
KUALA LUMPUR, Oct 13 — The ringgit closed slightly lower against the US dollar today as investors remained cautiou...
KUALA LUMPUR: Malaysian palm oil futures reversed earlier losses to hit a more than two-week high on Tuesday, as concerns over tighter supplies next year — due to El Niño and growing biodiesel demand…
