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Arvind Kejriwal Resigns as Delhi Chief Minister Following Corruption Allegations0
Background Arvind Kejriwal, a prominent political adversary of Indian Prime Minister Narendra Modi, has resigned as Chief Minister of Delhi following his release on bail in a corruption case. Kejriwal, who leads the opposition alliance against Modi, was detained in March over allegations that his government received kickbacks related to liquor license allocations. Interim Leadership
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BOJ Considering Raising Inflation Forecasts to Near 2% Target -Nikkei0
- Market
- December 31, 2022
The Bank of Japan (BOJ) is considering raising its inflation forecasts in January to show price growth close to its 2% target in fiscal 2023 and 2024, Nikkei reported on Saturday.The BOJ jolted markets this month by widening its 10-year yield cap range, a move officially aimed at straightening out bond market distortions but seen
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Taiwan October Export orders Likely contracted Again, But at Slower Pace- Reuters Poll0
- Market
- November 18, 2022
Taiwan’s export orders likely contracted again in October as global demand for technology cools though at a slower rate than the previous month, a Reuters poll showed on Friday The median forecast from a poll of 13 economists was for export orders to fall 1% from a year earlier. Forecasts ranged from an expansion of
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Asia FX Hunkers Down Ahead of Fed Meeting, Dollar Slips0
- Market, Stock Market
- November 2, 2022
Most Asian currencies moved little on Wednesday as caution kicked in ahead of a widely expected interest rate hike by the Federal Reserve, while the dollar fell amid hopes that the central bank will espouse a less hawkish outlook. The Japanese yen bucked the trend, rising 0.7% on expectations that the government will intervene further
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Oil Prices Tread Water Between Tightening Supply, Recession Fears0
- Market, Stock Market
- October 18, 2022
Oil prices were muted on Tuesday as markets weighed signs of tightening crude supply against increasing fears that a global economic slowdown will erode crude demand this year Crude markets marked a slow start to the week, retaining most of last week’s losses amid growing signs that the United States will enter a recession within
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ASIA FX RISES ON WEAKENING DOLLAR, YUAN DIPS AS ZERO COVID PERSISTS0
- Market, Stock Market
- October 17, 2022
Asian currencies rose slightly on Monday, recovering some lost ground from last week as the dollar retreated, although China’s commitment to maintaining its strict zero-COVID policy dented the yuan The Chinese currency fell 0.1%, coming close to breaching the 7.2 level against the dollar after President Xi Jinping said the country has no plans to
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Asia FX Hunkers Down Ahead of Fed Meeting, Dollar Slips
- Market, Stock Market
- November 2, 2022
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