The yen edged lower Friday, trimming its weekly gain. Traders considered Bank of Japan rate increases and a leadership election. The dollar rebounded despite a US government shutdown. Markets expect Federal Reserve rate cuts this year. Japan’s political future and central bank policy are key factors. Global economic outlooks influence currency movements.
Adani’s Cemindia is said to near up to $524 million share sale
Adani Group-backed Cemindia Projects, formerly known as ITD Cementation India, is preparing to launch a qualified institutional placement (QIP) to raise up to Rs 5,000