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After hefty gains, Chinese airline shares may rise more

China southern airline makes its maiden flight from guangzhou to nairobi

Bloomberg China’s top three airlines saw their Hong Kong-listed shares surge last year, but there is still potential for more gains. China Southern Airlines Co., Air China Ltd. and China Eastern Airlines Corp. are trading at a discount to peers in the region and their valuations, by some metrics, are still off their peaks in the past five years. Analysts ...

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India ending curbs to benefit 10 global retailers

Bloomberg India will witness about 10 foreign single-brand retailers starting operations after PM Narendra Modi removed the need for a federal approval, a senior minister said. The companies which have sought government permission to set up single-brand establishments include Fast Retailing Co., operator of Japanese casual-wear brand Uniqlo. It had submitted an application in November in 2017. Tesla Inc. is ...

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US stocks fall on trade bluster, dollar drops to three-year low

Myanmar revokes foreign exchange licenses to curb the growing use of us dollars

Bloomberg US stocks declined as Trump administration officials stepped up protectionist rhetoric. The dollar sank to a three-year low after American officials endorsed a weaker currency to boost exports. Comments from Commerce Secretary Wilbur Ross and Treasury Secretary Steven Mnuchin set the tone on global financial markets on Wednesday, with the officials blaring the Trump team’s America First message before ...

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