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As per the latest update on IMD’s official post on X, Cyclone Montha [pronounced Mon-Tha], which had intensified into a Severe Cyclonic Storm over the Bay of Bengal earlier this week, has now weakened into a Cyclonic Storm after making landfall over the coastal districts of Andhra Pradesh. According to the India Meteorological Department (IMD),…
Japan’s benchmark Nikkei 225 index surged more than 4% on Monday, hitting record highs after the ruling Liberal Democratic Party (LDP) elected Sanae Takaichi, an ultra-conservative and close ally of late Prime Minister Shinzo Abe, as its new leader, paving the way for her to become Japan’s first female prime minister.The Nikkei jumped 3.9% to…
Asian shares paused their recent rally on Thursday as investors positioned for month- and quarter-end flows, while the Japanese yen weakened to fresh lows against the euro and the Swiss franc surged amid currency market volatility.Oil prices slipped after climbing over 2% overnight to seven-week highs, following a surprise drop in US crude inventories that…
