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Asian shares edge higher, tracking Wall Street rally
TOKYO (AP) — Asian shares advanced Friday, tracking a rally on Wall Street following reports suggesting the economy and corporate profits may be doing better than feared.
In Tokyo, data showed the core consumer price index was up 4.3%, slightly higher than expected and higher than the Bank of Japan’s target of 2%.
“This seeks to challenge an eventual policy shift for the central bank, although the government’s energy subsidies...
Adani Group mulls suing US short-seller for fraud claims
NEW DELHI — (AP) — India’s Adani Group launched a share offering for retail investors Friday as it mulled taking legal action against U.S.-based short-selling firm Hindenburg Research for allegations of stock market manipulation and accounting fraud that caused heavy selling of its stocks this week. Jatin...
India expects more clashes with Chinese troops in Himalayas -document
NEW DELHI, Jan 27 (Reuters) - A security assessment by Indian police in the Himalayan region of Ladakh says there could be more clashes between Indian and Chinese troops along their contested frontier there as Beijing ramps up military infrastructure in the region.
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