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India has raised import tariffs on gold and silver in an attempt to defend its currency, a surprise move as the country races to limit the damage from the Middle East war and to shore up foreign-exchange reserves.
Source
Bloomberg Markets
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Microsoft starts expiring critical Secure Boot certificates in just 2 weeks.
The government has imposed a 10% basic customs duty and a 5% tax on gold and silver imports, as per notifications issued on Wednesday.
Chinese companies’ second‑quarter profit outlook is set to improve after encouraging first‑quarter results, with rising exports and early signs of reflation boosting revenues, according to Morgan Stanley.
Carnegie Endowment for International Peace Senior Fellow Michael Pettis discusses his outlook for the summit between Chinese President Xi Jinping and US President Donald Trump. He also offers insights on the challenges of rebalancing trade. He speaks with Haslinda Amin on "Insight with Haslinda Amin." (Source: Bloomberg)
