Asia Credit
Reserve Bank of India resumes bond purchases after three years to manage liquidity
The Reserve Bank of India conducted net purchases of government bonds in the secondary market last week.
Cost of repairing Syria’s power infrastructure put at $40bn by electricity minister
Production facilities, transmission points, high voltage lines and distribution networks “ruined”, he says.
Indian banks' profitability to moderate in FY26
Indian banks' profitability is expected to moderate in FY26, following an inflexion point in FY25, largely due to delinquencies stemming from over-leveraging in unsecured assets and rising unsecured credit costs.
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Is China ready for Trump’s tariff threats?
Across the world, global markets are already grappling with the anticipated economic impact of Donald Trump’s promise to increase tariffs as he prepares to assume the US presidency in less than two weeks.
Former chief of the Bank of Japan sees more rate hikes on the horizon
The Bank of Japan is expected to continue raising interest rates in the coming years as inflation shows signs of sustainably reaching the central bank’s 2% target, according to former Governor Haruhiko Kuroda
China-Kyrgyzstan-Uzbekistan railway officially launched, but sidetracked at least until summer
Project moving forward under yellow signal.
World Bank approves $350mn as Tajikistan bids to fund completion of $6.3bn Rogun mega hydro project
Funding agreed despite environmentalists warning “biggest dam in the world” investment “will turn into a nightmare”.
South Korea’s won slides as martial law crisis sparks market turmoil
South Korea’s financial markets have been shaken by political uncertainty following President Yoon Suk Yeol's brief declaration of martial law, sending the local currency and stock prices into a tailspin