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Indian Debt Funds Cut Hedges as Oil Risks Inflate Rate-Hike Bets
Some Indian debt fund managers are cutting back on interest-rate hedges against their bond holdings, saying markets have already priced in an excessive rise in borrowing costs driven by a surge in oil prices.
Wall Street Banks Flag Risks for Kenya’s Shilling as War Rages On
Kenya’s shilling is among the most vulnerable currencies in Africa, according to strategists at major banks, who predict the central bank will dial back on selling dollars and allow the currency to weaken over the coming months.
Pakistan receives $1bn from Saudi Arabia as second tranche of $3bn deposit
The State Bank of Pakistan (SBP) confirmed on Tuesday that Pakistan has received $1 billion from the Kingdom of Saudi Arabia. “State Bank of Pakistan has received funds of US$ 1 billion from Ministry of Finance, Kingdom of Saudi Arabia in the value date of 20April2026.” The central bank said this is the second tranche of the $3bn deposit recently agreed by Saudi Arabia. The first tranche of $2bn was transferred last week. The development came follo...
Sensex jumps 500 points: Why is stock market rising today?
Sensex jumps points Why is stock market rising today
Woolworths engaged in ‘marketing magic’ to trick customers, consumer watchdog tells court
The trial between the Australian Competition and Consumer Commission and the supermarket giant began in the federal court in Sydney on TuesdayFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastWoolworths engaged in “marketing magic” to trick customers into thinking they were getting genuine discounts as part of the supermarket’s “Prices Dropped” promotion, the consumer regulator has told a court.The landmark trial between the Australi...
UN outlook: India’s economy to grow 6.4% amid global headwinds
India's economy is set for robust growth, projected at 6.4% in 2026 and 6.6% in 2027, according to a UN report. Despite export challenges, strong domestic consumption and services sector performance are key drivers. The nation is also a leader in green job creation, with policies supporting domestic manufacturing in clean energy sectors.
Work-from-home may not save as much energy as Southeast Asia hopes
Governments across Southeast Asia have been banking on work-from-home arrangements for civil servants to ease the sting of soaring energy costs triggered by the Iran war, but analysts say the maths is messier than it may first appear. Indonesia estimates its Friday work-from-home policy, introduced on April 1, will save around 6.2 trillion rupiah (US$361.5 million) in state fuel subsidies and nearly 10 times that amount in total consumption. The Philippines has similarly introduced a four-day...
Stock Market Rally: अमेरिका से आई सिर्फ एक खबर, झूम उठा शेयर बाजार, वॉर का डर धुआं-धुआं
Stock Market Rally
‘Positive and productive’: India-US trade deal 'almost done' in Washington
India and the US are nearing a bilateral trade agreement, with negotiators reporting significant progress and only a few issues remaining. Discussions are described as positive and productive, focusing on market access and tariff alignment. This potential deal, aimed at boosting trade between the two nations, is expected to be a win-win, marking a key milestone in economic ties.
Apple Names New CEO; Korean Stocks Notch New High | The Asia Trade 4/21/2026
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
EQT Raises $15.6B for Asia Private Equity Fund
Jean Eric Salata, Chairman at EQT Asia, discusses how the firm raised $15.6 billion for its latest private equity Asia fund, as global investors look beyond the US amid elevated uncertainty. He speaks with Shery Ahn and Haidi Stroud-Watts on Bloomberg: The Asia Trade. (Source: Bloomberg)
FinMin says Pakistan regaining macroeconomic stability, investor confidence
Finance Minister Muhammad Aurangzeb on Tuesday said the country was making a steady return to macroeconomic stability and regaining access to international capital markets. According to a statement issued by the Ministry of Finance on X, Aurangzeb held a meeting in Islamabad with the European Union Ambassador, Raimundas Karoblis, where both sides discussed economic cooperation, investment prospects, and ongoing reforms. Aurangzeb said Pakistan had “recently re-entered international...
Mercuria Seeks New Liquidity in Asia With $200 Million Financing
Mercuria Energy Group Ltd. plans to raise at least $200 million of financing in Asia, according to people familiar with the matter, as commodity traders seek alternative sources of funding at a time when the Iran war has raised the cost of buying cargoes.
Sindh disburses Rs146.7m for over 3,900 vehicles under fuel subsidy initiative
KARACHI: Chief Minister of Sindh Syed Murad Ali Shah on Monday said that 3,976 vehicles had so far been processed under the fuel subsidy scheme, with Rs146.77 million disbursed. He was informed that more than 5,000 cases were under review due to errors such as computerised national identity card (CNIC) mismatches, missing details of bank accounts and other data inconsistencies. This emerged at a meeting held to review the implementation of the targeted fuel subsidy fo...
Tim Cook net worth: How rich is Apple's outgoing CEO after 15-year run?
Tim Cook net worth How rich is Apples outgoing CEO after year run
China’s youth unemployment crunch deepens as record graduation season looms
Despite China’s stronger-than-expected first-quarter economic growth, young jobseekers found little respite as March brought a rise in youth unemployment across urban areas, snapping six straight months of decline. The jobless rate for the 16-to-24 age group, excluding students, edged up to 16.9 per cent in March from 16.1 per cent in February, according to data released by the National Bureau of Statistics on Tuesday. The job market, weighed down by deflationary pressures and external...
Sensex opens 300 points up, Nifty tops 24,400; Adani Ports, ICICI Bank gain nearly 2%
Sensex opens points up Nifty tops Adani Ports ICICI Bank gain nearly
As poor-quality wheat piles up, procurement agencies seek waiver of storage gain norms
The committee warned that enforcing current norms could lead to financial losses and operational difficulties for procurement agencies, as they would be held accountable for weight variations that are beyond their control.
'I'm sorry. What happened to my brain?' Father publicly apologises to his wife for forgetting son, 3, in a hot car to die - and even the judge got teary
'I'm sorry. What happened to my brain?' Father publicly apologises to his wife for forgetting son, 3, in a hot car to die - and even the judge got tearyREAD MORE: For two Aussie dads, the most horrifying of all realisations dawned on them after a busy day at work. Now, as CANDACE SUTTON reports, an expert warns the public: This could happen to any of usBy CANDACE SUTTON, SENIOR NEWS REPORTER, AUSTRALIA Published: 04:30, 21 April 2026 | Updated: 04:39, 21 April 2026 e-mail View comments
Asian stocks today: Markets mixed as US-Iran talks offset geopolitical jitters
Asian markets showed a mixed performance Tuesday, with Tokyo and Seoul indices climbing on tech strength. Investors are closely watching potential US-Iran peace talks, which are offering some optimism, but geopolitical risks and high oil prices are keeping markets cautious. Developments around the Strait of Hormuz remain a key concern for global oil supply.