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Indian court extends pre-trial detention of opposition leader Kejriwal
Global FX DATA:
ASIAN MARKET Asian stocks wobbled as simmering worries over the U.S.-China trade conflict offset positive leads from earnings-led gains on Wall Street.
INDONESIA Indonesia plans to require all diesel fuel used in the country contain biodiesel starting next month to boost palm oil consumption, slash fuel imports, and narrow a yawning current account gap.
PHILIPPINES Philippine annual inflation accelerated in July and moved further away from the central bank’s comfort range, strengthening expectations for further policy tightening this week.
US The U.S. Justice Department wants to suspend its legal efforts to take possession of the superyacht Equanimity, impounded as part of a hunt for assets linked to the multi-billion dollar 1Malaysia Development Bhd (1MDB) scandal.
JAPAN Japanese workers' inflation-adjusted real wages rose in June at the fastest pace in more than 21 years, fueled by an increase in summer bonuses, government data showed, in an encouraging sign that consumer spending and inflation will pick up.
CHINA Chinese state media kept up their criticism of U.S. President Donald Trump’s trade policies, with a newspaper on Tuesday describing as “wishful thinking” Trump’s belief that a fall in Chinese stocks was a sign of his winning the trade war.
INDIA Harley-Davidson Inc is scouting for a partner with a manufacturing and distribution footprint to make lightweight motorcycles for use in India and other Asian markets.