May 24, 2019

Foreign investors hope India dials back policy shocks after Modi win

Foreign companies in India have welcomed Prime Minister Narendra Modi’s election victory for the political stability it brings, but now they need to see him soften […]
May 24, 2019

Singapore chases tech ‘Jedi Masters’ for Silicon Valley ambitions

San Francisco-based investor Paul Bragiel said he needed to be asked three or four times before he accepted an invitation from Singapore to come check out […]
May 24, 2019

Light PBOC touch makes once unlikely yuan at 7/$ seem possible

As China’s yuan slips to historically weak levels against the dollar, the central bank’s atypical light touch is spurring speculation that policymakers want to be more […]
May 24, 2019

Oil recovers, but set for biggest weekly loss of 2019

Oil prices recouped more than 1% on Friday but were on track for their biggest weekly loss this year after swelling inventories and jitters over an […]
May 24, 2019

China aluminum magnate Zhang Shiping dies aged 73

Zhang Shiping, who oversaw the rise of China Hongqiao Group into the world’s biggest aluminum producer, died on Thursday at the age of 73, the company […]
May 24, 2019

Fears of deeper U.S.-China trade war push Asian shares to four-month low

Asian stocks stumbled to a four-month low on Friday and crude oil plunged on worries the U.S.-China trade spat was developing into a more entrenched strategic […]
May 24, 2019

Oil bounces back, but markets remain fragile amid trade disputes

Oil prices jumped more than 1% on Friday amid OPEC supply cuts and Middle East tensions, but still did not fully recoup losses earlier in the […]
May 24, 2019

India’s jobs deficit: Project in Gujarat struggling to create employment

When he was chief minister of the Indian state of Gujarat in 2011, Indian Prime Minister Narendra Modi kicked off an ambitious project to develop a […]
May 24, 2019

U.S. regulator sees approval of Boeing 737 MAX to fly as soon as late June: sources

The Federal Aviation Administration (FAA) expects to approve Boeing Co’s 737 MAX jet to return to service as soon as late June, representatives of the U.S. […]
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