Taiwan President Lai Ching-te said on Tuesday that maintaining the political status quo is the most responsible thing the island can do to secure global supply chains as it hosts some of the world’s leading technology leaders for Computex.
Tag: Emerging Markets
Sri Lanka’s central bank stunned markets by raising its policy rate by an outsized 100 basis points on Tuesday, the biggest hike in three years, as policymakers scrambled to stem inflation and support a currency buckling under soaring energy prices.
The Indian rupee strengthened for the third consecutive session on Monday, its longest winning streak in a month, powered by market interventions by the central bank and a slump in crude oil prices on hopes of a U.S.-Iran peace deal.
Chinese coking coal prices soared on Monday to their highest in nearly two weeks, as a wave of stringent safety checks at coal mines following a deadly mine accident in a key production hub triggered expectations of tightening supply.