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FinanceBloomberg Markets5h ago

Yes Bank Hikes FX Deposit Rates to Attract Non-Resident Inflows

Yes Bank Ltd. has raised interest rates on foreign currency non-resident deposits by as much as 335 basis points, becoming one of the first Indian lenders to offer the program aimed at attracting capital flows and shore up the battered rupee.

WorldSCMP1d ago

Spying in Xinjiang? No, I was reporting from China’s energy heartland

As the war in Iran disrupts global oil and chemical supplies, China’s coal-heavy energy sector is seizing an unprecedented opportunity. Dannie Peng visited Xinjiang Uygur autonomous region to witness the operations of one of China’s four major bases for large-scale, modern coal-chemical producti...