Asian stocks, led by Japan, surged to a record high, with gold also hitting an all-time peak, as investors anticipate looser monetary policy and robust AI investment. Japan’s Nikkei jumped after pro-stimulus Sanae Takaichi became Prime Minister, while the yen weakened significantly. The US tech rally is set to resume, despite a government shutdown.
Axis Bank set to raise $700 million through ECB swap facility
Axis Bank is set to secure seven hundred million dollars through a dedicated external commercial borrowing facility. This loan features two tranches with tenures of