AI Bias Analysis
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Modi appealed to Indians to cut fuel use, overseas travel and gold purchases as the Middle East conflict exposes India’s heavy reliance on imported energy.
Source
CNBC
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BYD Co. is projecting an increase in annual sales, fueled by a more optimistic domestic outlook and an aggressive global expansion that aims to defy cooling demand in the broader electric vehicle market, said JPMorgan Chase & Co.
Steve Brice, Standard Chartered CIO, says high Kospi valuations represent a possible risk factor for a correction. However, he adds that the long-term outlook for the market's AI-exposed tech sector remains positive and that he would be inclined to buy the dip in the case of a fall. (Source: Bloomberg)
Indian Prime Minister Narendra Modi has appealed to citizens to conserve fuel and avoid unnecessary travel due to rising oil prices from the Iran war. Bloomberg's Ruchi Bhatia reports. (Source: Bloomberg)
Prime Minister Narendra Modi has called on Indians to avoid buying gold for at least a year to preserve foreign-exchange reserves, a surprising appeal in a country where the metal plays a vital role in savings, weddings and religious festivals.
