Page 723 - Bloomberg

Biden must steer away from Trump's tariffs, focus on digital push in India

By the time Donald Trump and Prime Minister Narendra Modi walked hand-in-hand in a Houston stadium in September 2019, the US had raised tariffs on 14% of Indian exports

Biden edges ahead of Trump; chances of win widen as more votes come in

Biden is leading the popular vote count by about 2.5 million votes, a gap that's expected to widen as more West Coast ballots are tallied, as both candidates exceeded comparative tallies from 2016

Derailing of Jack Ma's Ant Group IPO shows Xi Jinping is in charge

Decision shows party takes precedence on business decisions

China's decision to halt Ant IPO threatens $400-mn payday for bankers

Dealmakers at firms including Citigroup and JPMorgan Chase & Co were set to feast on an estimated fee pool of nearly $400 million for handling the Hong Kong portion of the sale

Three data points to gauge sentiment towards EMs after election results

A stronger greenback will reduce the allure of developing-nation assets

Aberdeen Standard ready to buy Asia stocks on dip regardless of US results

Be it a win by President Donald Trump or Joe Biden, Asia markets are supported by positive fundamentals, Asia equities fund manager said

Saudi Arabia to remove curbs on foreign workers to attract overseas talent

The new rules will come into effect on March 14 and apply to all foreign workers in the private sector, regardless of salary

Markets spooked as the two US poll scenarios investors feared play out

The main worry around divided government: Markets have been hoping for a large fiscal stimulus package that will be less likely if the two parties need to work together

Emerging mkt stocks swing between gains and losses ahead of US poll verdict

For Dhiraj Bajaj, head of Asia fixed income at Lombard Odier, growing expectations of a Trump victory or a Biden win without a Democratic sweep, means the upside for emerging markets will be capped.

China looks to 'punish' Australia: Lobsters, wine and coal become targets

China's blacklist -- delivered verbally to commodities traders -- includes coal, barley, copper, sugar, timber, wine and lobster

With billions on the line, China halts Ant Group's IPO; Jack Ma summoned

The move upends what had been one of China's biggest business success stories

China halts Jack Ma's $37-bn Ant Group IPO citing 'major issues'

Shanghai, HK postpone listing two days before trading

Adani Group frontrunner for developing Sri Lanka's port terminal: Report

Adani Ports and Special Economic Zone and a local partner received an in-principle approval to sign a deal with Sri Lanka Ports Authority, which will hold majority stake in the project

Saudi Aramco dividend remains unchanged despite 45% slump in profit

The state energy firm's free cash flow was $12.4 billion between July and September, compared with $20.6 billion a year earlier

Emerging market ETFs see outflows after four weeks ahead of US elections

US-listed EM ETFs that invest across developing nations, as well as those that target specific countries lost $103 million in the week ended October 30

Bankrupt, grounded Jet Airways is world's best performing airline stock

Stock in Mumbai-listed Jet Airways has surged almost 150 per cent this year versus a 42 per cent plunge in the 27-member Bloomberg World Airlines Index, which comprises the globe's biggest carriers

Foreign investors return to Indian sovereign bonds, shun corporates

There was $751 million of outflow from credit in October, a ninth month of net declines

Trump readies lawyers, anticipating legal tussle over vote counting

The legal battle could center on Pennsylvania

India, like the rest of the developing world, can't ease up on Covid now

It's important for the developing world to avoid a second wave: The only tool that worked to control Covid-19's spread may no longer be available

China warns Jack Ma, Ant Group on rapid expansion citing regulatory risks

Ant has faced censure in Chinese state media after Ma last month criticized local and global regulators for stifling innovation