Asian stocks saw a rise as markets anticipated key announcements from the Federal Reserve and Bank of Japan. The MSCI Asia Pacific Index increased by 0.2%, with gains observed in Japan, Australia, and South Korea. Fed minutes suggested a potential rate cut, and China launched an anti-subsidy probe into EU dairy imports, escalating trade tensions.
RBI reports $26.9 billion valuation gains in gold and bonds for 2024-25
The Reserve Bank of India reveals valuation gains in reserves. These gains reached $26.9 billion during fiscal year 2024-25. This is a significant jump from