Bloomberg
Bloomberg
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The chip crisis grows worse as wait time stretches to record 21 weeks
Chip lead times, the gap between ordering a semiconductor and taking delivery, increased by 6 days to about 21 weeks in August from the previous month
 "The chip crisis grows worse as wait time stretches to record 21 weeks")
Chinese markets set for worst showing versus EM peers since 2004
The MSCI China index has underperformed the MSCI EM (excluding China) index by 28 per cent so far this year
 "Chinese markets set for worst showing versus EM peers since 2004")
Fed signals bond-buying taper may start soon, split on 2022 hike
US stocks rose slightly, while yields on 10-year Treasuries maintained an earlier decline; the dollar remained lower after the decision
 "Fed signals bond-buying taper may start soon, split on 2022 hike")
Taiwan applies to join pacific trade deal days after China
The Taiwanese application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership was sent to New Zealand, according to two people familiar with the situation.
 "Taiwan applies to join pacific trade deal days after China")
India must end petrol two-wheelers by 2027: e-scooter firm Hero Electric
"2027 would be a good time for new sales to be 100% electric," Naveen Munjal, managing director of Hero Electric Vehicles Pvt., said in an interview
 "India must end petrol two-wheelers by 2027: e-scooter firm Hero Electric")
China may initiate restructuring of Evergrande Group, says Morgan Stanley
Citigroup too expects Beijing to help out Evergrande Group, the world's most indebted developer.
 "China may initiate restructuring of Evergrande Group, says Morgan Stanley")
Foreign investors want Sebi to delay shorter trade settlement plan
Sebi's plan could push foreign investors to upgrade their custodial arrangements, spend more on foreign exchange charges and other costs.
 "Foreign investors want Sebi to delay shorter trade settlement plan")
Bored of bygone builders, Singapore millennials get their own Blackstone
The restructuring of CapitaLand Investment gives a taste of what is to come in many industries globally.
 "Bored of bygone builders, Singapore millennials get their own Blackstone")
Cash-strapped Evergrande Group misses loan payments to two banks
Evergrande has borrowed about 572 billion yuan ($88.5 billion) from banks and other financial institutions including trusts, with nearly half due in less than a year, according to its latest financial
 "Cash-strapped Evergrande Group misses loan payments to two banks")
Macleods Pharmaceuticals picks banks for $1-billion offering
The Mumbai-based company is planning to file its initial draft prospectus by January and is targeting a listing as soon as next year, the people said
 "Macleods Pharmaceuticals picks banks for $1-billion offering")
Covid-19 pandemic: What we know about Delta variant and children
The case for immunising children is much less clear-cut than it is with adults, who are at greater risk of getting seriously ill
 "Covid-19 pandemic: What we know about Delta variant and children")
Johnson & Johnson says its Covid booster shot prevents severe infection
The results come as many developed nations turn to booster shots to address waning protection from some vaccines and the rise of the more infectious delta variant
 "Johnson & Johnson says its Covid booster shot prevents severe infection")
Global inflation spike seen posing near-term risks to economy: OECD
Supply-chain difficulties, surging commodities prompted OECD to raise its forecast for consumer-price gains this year and next in every Group of Seven country aside from Japan
 "Global inflation spike seen posing near-term risks to economy: OECD")
Evergrande crisis isn't China's 'Lehman moment' for Citi, Barclays
Barclays argues the market environment isn't similar to what happened during the collapse of Lehman Brothers
 "Evergrande crisis isn't China's 'Lehman moment' for Citi, Barclays")
Evergrande: How far will Xi go with his crackdown on real estate sector
The selloff on Monday left few risky assets untouched. Hong Kong's Hang Seng Index tumbled more than 3%, led by real estate companies.
 "Evergrande: How far will Xi go with his crackdown on real estate sector")
Another crisis bugs aviation industry after Covid-19: a shortage of pilots
Many airlines are aggressively trying to rehire pilots as well as cabin crew and ground staff, but that's not been a simple process and some jobs are left unfilled
 "Another crisis bugs aviation industry after Covid-19: a shortage of pilots")
World's richest 500 lose $135 bn as Evergrande concerns spark market rout
Elon Musk led the declines as his world-leading net worth fell $7.2 billion to $198 billion; Jeff Bezos lost $5.6 billion.
 "World's richest 500 lose $135 bn as Evergrande concerns spark market rout")
Market turmoil tests Xi's resolve on Evergrande, real estate crackdown
The resulting market turbulence may add pressure on Chinese leaders to tap the brakes on policy tightening, or at least take steps to limit the fallout
 "Market turmoil tests Xi's resolve on Evergrande, real estate crackdown")
HDFC Bank says it will double retail loans, sees 'robust demand' in economy
Uncertainty is declining as businesses seek to bolster growth after Covid-19, says the bank's country head for retail assets.
 "HDFC Bank says it will double retail loans, sees 'robust demand' in economy")
China tech crackdown is India's gain: US venture investor March Capital
Indian startups in internet and cloud software offer strong growth prospects but without Chinese firms' risk: Sumant Mandal.
 "China tech crackdown is India's gain: US venture investor March Capital")
