India

SINGAPORE (July 4): Asia’s newest headline manufacturing PMI readings from Markit, CEIC and HSBC’s combined study may reflect low inventories for some countries of late – but this does not mean that new orders nor output growth are picking up, says

(June 20): Vladimir Putin is considering selling part of Russia’s corporate crown jewels to China and India as the president struggles to meet spending commitments before his possible re-election bid in less than two years.

(June 20): As if Brexit wasn’t enough to worry about, India investors now need to cope with central bank Governor Raghuram Rajan’s impending departure in what amounts to a double stress test this week for his moves to bolster the nation’s finances.

SINGAPORE (June 15): CapitaLand, through its wholly owned subsidiaries, has disposed off its entire 100% stake in Citadines Hitec City Aparthotel (CHC) for an aggregate cash consideration of INR401.3 million ($8.3 million).