Page 620 - Bloomberg

Digital payments start-up Mobikwik nears filing for $300-million IPO

MobiKwik plans to lodge the listing documents with the Indian securities regulator as soon as the next few days

Cash is still king, for now: Diamond sale dims cryptocurrency hopes

A 101.38-carat diamond was sold by Sotheby's for HK$95.1 million ($12.3 million) to an unknown buyer using traditional currency, disappointing cryptocurrency fans

Lenders say no to firms, individuals when India's economy needs credit most

Nation's biggest lender State Bank of India wants to nearly double its credit growth rate to 10% in the year started April 1, but is willing to miss the goal.

Billionaire to watch: Tesla's China battery partner is richer than Jack Ma

Zeng Yuqun's net worth has jumped to $49.5 billion, making him one of the five richest people in Asia for the first time.

RBI could be facing another standoff with traders over new bond sale

Central bank seeks to keep the government's borrowing costs low, while investors are demanding higher yields.

Top forecaster stays bullish on Indian Rupee, Southeast Asia currencies

Alvin Tan, head of Asia currency strategy at RBC Capital Markets, says biggest risks for Asian currencies are a more hawkish Federal Reserve.

Delta variant prompts countries using AstraZ vaccine to consider boosters

Countries are hoping a booster could bolster protection ahead of the return of colder weather that's optimal for the coronavirus's spread.

Anil Ambani's studio eyes cinema earnings, lines up big movie releases

Reliance Big Entertainment, which has collaborated with Steven Spielberg, is hoping to release two Hindi-language films in theaters in the next three months.

Google sued by 36 states over alleged Play Store abuses: Report

The lawsuit alleges that Google imposes technical barriers that strongly discourage or completely prevent third-party app developers from distributing apps outside the Google Play Store

China's Cabinet hints at cutting the reserve ratio to aid economy

Sporadic restrictions to contain virus outbreaks continue to hamper sentiment.​

UK PM Boris Johnson's new Covid-19 gamble worries some scientists

Johnson has already delayed the so-called "freedom day" by four weeks to allow more people to get vaccinated

Covid-19 origins mirror SARS's genesis in animals, study finds

It gives a detailed explanation for SARS-CoV-2's genetic signatures, early epidemiology and research undertaken at the Wuhan Institute of Virology.

Cairn says it has won court order to freeze India state assets in Paris

Company says French development is 'necessary preparatory step' to take over Indian's state assets, calls for 'amicable settlement'.

Pandemic chaos kills 1,800 cows on ship, fuels calls for animal ban

Coronavirus has worsened conditions for the roughly 2 billion animals exported each year, prompting demands for reform.

Kim Jong Un lost 44 pounds but has no health issues: South Korea spies

North Korean leader was out of the public eye for much of May, and when he reappeared in a June video showing him chairing a government meeting, he looked slimmer.

Global Covid-19 deaths reach 4 mn as India's numbers eclipse US, UK

Even as rapid vaccine rollouts allow life to start to return to normal in countries like the U.K. and U.S., it's taken just 82 days for the latest million deaths

Tokyo's Covid-19 emergency pushes Japan toward no-spectator Olympics

Virus policy czar Yasutoshi Nishimura told reporters that an advisory panel had approved an emergency in the capital from July 12 to Aug. 22

Covid undoes gains India made after supercharging economy 30 years ago

Many Indians who had clawed their way out of poverty face grim job prospects and carry heavy debt loads.

Job markets have recovered half of Covid pandemic damage, says OECD

Says pandemic pushed 22 million out of a job in advanced economies

Didi Global shares fall further below IPO price after China's rule changes

Didi's offering was the second-largest US-listing for a Chinese firm on record.