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Infosys soars as sales rise at fastest pace in two years

Bloomberg Infosys Ltd.’s shares climbed after the Indian software exporter reported stronger-than-expected net income and sales as investments in higher-margin digital services and automation begin paying off. Asia’s second-largest exporter of software services reported net income of 41.1 billion rupees ($558 million) in the September quarter. That compared with the 40.5 billion-rupee average estimate. Revenue climbed 17.3 percent to 206.1 ...

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Gold prices in India surge to two-year high

Bloomberg Gold buyers in India, the biggest market after China, may give jewelry stores a miss in the run-up to the Diwali festival this year because of a surge in domestic prices to the highest level in more than two years. Bullion has climbed in local markets because of a weak rupee, and rising prices just before the celebrations of ...

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Investors brace for Malaysia tax on capital gains, consumers

Bloomberg Malaysia is keeping investors guessing as to what new taxes will be unveiled in next year’s budget. For now, the market is bracing for the worst: capital gains and consumption taxes. Levies on returns from capital investments may worsen stock declines. The benchmark equity index hasn’t recovered from last week’s steepest plunge in four months, after Prime Minister Mahathir ...

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