ANZ Group’s Richard Yetsenga anticipates a US economic slowdown in the latter half of the year, stopping short of a recession. Despite economists’ bearish outlook, financial markets like the S&P and Nasdaq are performing well.
The Securities and Exchange Board of India has approved IPOs for four companies, including Avaada Electro, Brookfield-backed Avaada Group’s solar PV manufacturing arm. Chennai-based Grand
Gautam Adani has officially claimed the title of Asia’s wealthiest individual, overtaking Mukesh Ambani with a net worth of $92.6 billion as of April 16.
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