Investors are so concerned about the global outlook that worldwide holdings in gold-backed exchange-traded funds now stand behind only the official U.S. reserves of bullion after they surpassed Germany’s holdings.
Reserve Bank of India approved Sashidhar Jagdishan as managing director and chief executive officer of HDFC Bank Ltd., CNBC TV18 reported, without citing anyone.
China’s soaring technology stocks can’t quite get over the line.
Australia’s central bank kept its interest rate and yield target unchanged, betting its current settings and record fiscal spending will support the recovery from recession even as Victoria state’s tighter and longer lockdown adds to headwinds.
With the country facing multiple crises, Mustafa al-Kadhimi will have a much harder time winning a mandate to rule.
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