Markets

CAPPED free float adjusted calculation for indices on the Indonesia Stock Exchange, including the IDX Composite Index, is set to benefit a number of counters.

Chinese yuan-denominated assets are not a "bargaining chip" for gamblers, the official Xinhua news agency said in a commentary on Wednesday, in the latest attempt to curb speculative bets on a further rally in the currency.

India's central bank will likely keep interest rates at record lows this week as it assesses the economic fallout of the country's evolving COVID-19 crisis, but the monetary authority is expected to reiterate its commitment on liquidity.

India's gold imports in May surged more than nine-fold from last year's low base to 12 tonnes, while vegetable oil imports in the month spiked 148per cent to a record US$1.4 billion, a government source told Reuters on Wednesday.

The number of foreign visitors to Indonesia dropped 19.33per cent in April on a yearly basis, to about 127,500, data from the statistics bureau showed on Wednesday, with global travel still disrupted by the coronavirus pandemic.

China's yuan was little changed on Wednesday and pinned in a narrow trading range, after the central bank guided the currency lower amid continued speculation over how much more appreciation authorities will tolerate.

WASHINGTON: After kicking their massive lending powers into overdrive to help the nations hardest hit by COVID-19 last year, the IMF and the World Bank are now focusing on getting vaccines to poor countries to keep the pandemic from derailing the global economic recovery. Managing Director of the ......

TAIPEI: A small fire that broke out on Wednesday at Taiwan electronics giant Foxconn's facilities in China's southern city of Shenzhen caused no casualties and did not affect production, the firm said. In a statement to Reuters, the major Apple supplier said the fire had been extinguished ...

Japan's economy minister Yasutoshi Nishimura said that member nations of a Pacific regional trade deal, the Trans-Pacific Partnership (TPP), agreed on Wednesday to allow Britain to begin the process to join, Bloomberg reported https://bloom.bg/2RUtZi5.

China says trade envoy spoke with US treasury secretary