Contrarian Indian Bond Trader Changes Sides as Call Pays Off
Kamal Mahajan is going contrarian again on Indian bonds. His last call, a big short, helped Bank of Baroda turn a profit when others were caught up in the worst rout in two decades.
Japan sees ensuring the safety of shipping in the Strait of Hormuz as a matter of life and death in terms of its energy security, Chief Cabinet Secretary Yoshihide Suga said.
Gold’s rally shows no signs of abating.
At least three African nations will need to import more corn this year after extreme weather from cyclones to drought devastated crops, sparking some unusual trade flows.
A series of miscalculations and a refusal to recognize the depth of discontent with a weakening economy and years of divisive rule handed Turkey’s President Recep Tayyip Erdogan the biggest setback of his career.