Asian stocks saw a slight rise on Friday. Japanese and South Korean markets gained as others remained closed for holidays. Silver reached a record high, and gold neared its all-time peak. This movement extends a year-end rally. Investors are watching for a ‘Santa Claus Rally’ to push stocks higher. China’s yuan strengthened past 7 per dollar.
Ind-Ra downgrades Jana Capital, Jana Holdings NCDs to default
India Ratings downgraded Jana Capital and Jana Holdings’ NCDs to default after both entities extended debt repayments by six months due to refinancing challenges. Jana