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Baht adds to Thai trade challenges

Bloomberg A surge in the baht is adding to the challenges facing Thailand’s trade-dependent economy this year as exports decline. The baht’s climb of about 5 percent against the dollar in the past six months is the strongest in the world, according to data compiled by Bloomberg. Exports are already suffering from the US-China trade war and fell in December ...

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India mulls $9.8bn plan to pay cash to farmers

Bloomberg India is considering a plan to transfer cash to farmers to ease their financial burden instead of offering subsidies, people with knowledge of the matter said. Prime Minister Narendra Modi’s government is planning to combine all farm subsidies, including fertiliser costs, and instead pay farmers cash, the people said, asking not to be identified as the discussions aren’t public. ...

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Takeda mulls sale of $3 billion assets

Bloomberg Takeda Pharmaceutical Co. is considering a sale of some emerging-market drugs, as the Japanese drugmaker expands a push to cut debt after its $62 billion takeover of Shire Plc, people familiar with the matter said. The company is working with Bank of America Corp to gauge potential buyer interest in emerging-market assets it acquired through its 2011 purchase of ...

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