BLOOMBERG  Adani Group shares rallied, extending gains spurred by an Indian court panel’s report that found no conclusive evidence of stock-price manipulation as alleged by US short seller Hindenburg Research. The 10 Adani stocks added about $10 billion to their market value in Monday’s session, the biggest increase since Hindenburg’s scathing report in January. Flagship Adani Enterprises Ltd surged about ...

BLOOMBERG  A week after Thailand’s pro-democracy parties garnered an historic win in national elections, investors are getting nervous over the formation of a coalition government. The uncertainty has triggered an outflow of funds since the May 14 poll, worsening the rout in Asia’s worst-performing stock market this year and sending the baht lower against the dollar. While the coalition is ...

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has announced it will be sending a trade mission to India from May 29 to June 02. Led by the SCCI’s Sharjah Exports Development Centre, the initiative aims to bolster economic and trade cooperation, foster mutual investment, and establish promising partnerships between the emirate of Sharjah and India. Abdullah ...