The Asian index was set to record a staggering 12.5% drop for the month, the largest since March 2020 when the Covid-19 pandemic threw financial markets into chaos
"India accounts for more than 40% of global shipments. So, nobody is sure how much prices will rise in the coming months," said Himanshu Agarwal, executive director at Satyam Balajee
It will also help Indonesia to reduce stockpiles that swelled after its export ban earlier this year and pressured local prices lower and squeezed farmer's incomes.
Syngenta could seek to raise 65 billion yuan ($9.7 billion) on the Nasdaq-style Star Board
Global funds offloaded a net $40 billion of equities across seven regional markets last quarter, exceeding any three-month period characterised by systemic stresses since 2007
Asian shares tumbled on Tuesday after Wall Street officially entered bear market territory and bond yields hit a two-decade high
In early trade, Australian shares gained 0.2% while Japan's Nikkei stock index was 0.85% higher.
MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.3%, after U.S. stocks ended the previous session with mild losses.
CLOSING BELL: Shares of One97 Communications, the parent company of digital payments major Paytm, tanked 14.5 per cent to hit a new low of Rs 662 on the BSE in Monday's intra-day trade
Empirical analysis of past 17 market corrections in excess of 10 per cent, according Antique Stock Broking, suggests that market recoveries are swift with entire losses getting recouped in 3-6 months
Rupee may breach 76/$ if geopolitical tensions persist
Asian shares rallied on Wednesday as fears of a Russian invasion of the Ukraine this week dissipated, after Moscow indicated it was returning some troops to base, thereby relieving the investors.
The case for a rebound should be aided by lower valuations after the MSCI Asia Pacific Index underperformed its global counterpart by around 20 percentage points last year
MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.3%, after six sessions of gains, following volatile U.S. trade
Within the Asian region, the global research and broking house has maintained an overweight stance on China, Korea and Indonesia for 2022. Thailand and Philippines remain their key underweights.
Asian firms also accounted for most large issuances of convertible bonds
A mixed US jobs report did little to shake market expectations of a more aggressive tightening by the Federal Reserve
The stocks witnessed their biggest intra-day fall since April 12, 2021, and also their biggest weekly fall since January 29, 2021
The firm plans to build a bigger presence in real estate in developing markets such as China, Korea and India
Investors say this time is different as they lay bets on sparkling returns