BLOOMBERG As concerns mount over soaring temperatures in India and the impact on growth, a key adviser to Prime Minister Narendra Modi says the economy can withstand any potential weather shock. The nation’s weather bureau predicted hotter temperatures over the coming months, stoking worries about a repeat of the devastating heat last year that damaged crops, raised food inflation and …

BLOOMBERG China saw its biggest gain in imports in a year last month, while a slide in exports decelerated, adding to evidence that the world’s second-largest economy is recovering from the impact of pandemic lockdowns. Imports rose 4.2% from a year ago to $197 billion in February, following a slump of 21.4% in January and snapping four months of decline, …

BLOOMBERG Shares of Korean electronics makers surged after Japan said it’ll roll back export restrictions of key semiconductor materials, laying to rest concern about the fragility of an important link in the tech supply chain. SK Hynix Inc jumped as much as 7.3%, the biggest intraday rise in more than two months. Samsung Electronics Co rose more than 2% and …