India’s central bank has again shown its teeth as regulator of the country’s private-sector banks with the decision to end Rana Kapoor’s term as chief executive officer of Yes Bank Ltd., the lender he founded 14 years ago.
Happy Friday, Asia. Here’s the latest news from Bloomberg Economics:
Farfetch Ltd., which sells luxury clothing online, sold shares above its marketed range in a U.S. initial public offering that raised $885 million.
Medtronic Plc, agreed to buy Mazor Robotics Ltd., a maker of robotic guidance systems, in a $1.64 billion cash deal to strengthen its position in technology for spine surgery.
China plans to reduce duties on imports, U.S. markets notch new highs, and Shinzo Abe wins again. Here are some of the things people in markets are talking about today.
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