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India’s Mumbai to resume train services

Bloomberg Mumbai will restart commuter train services for fully vaccinated residents from Sunday, a move that could tackle traffic jams that are popping up as Covid-19 cases drop off but also one that risks transmitting the virus across India’s financial hub. Services had been halted since March 2020, making it the longest shutdown for a railway system that has survived ...

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Exports, investments fuel Taiwan’s best GDP outlook

Bloomberg Taiwan raised its economic growth forecast for this year as an export and investment boom continues and it begins easing virus restrictions, giving a boost to consumption. The government increased its full-year estimate for gross domestic product to 5.88% from a previous forecast of 5.46%. That would be Taiwan’s strongest annual growth since 2010 when the economy bounced back ...

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Wall Street is most bullish on stocks in almost two decades

Bloomberg It’s been two decades since Wall Street analysts were this upbeat. About 56% of all recommendations on S&P 500 firms are listed as buys, the most since 2002. It’s one more data point that shows the extent of the euphoria sweeping markets after a blockbuster earnings season. While analysts are historically a bullish bunch, they’re turning even more optimistic ...

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