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Tencent Music to weigh its selling after slump

Bloomberg Now comes crunch time for Tencent Music Entertainment Group insiders and early backers who have to decide on Monday whether or not to cash out of the Chinese music entertainment service when its 180-day lockup expires. The decision is made more torturous by a 34 percent decline in the stock since a peak in mid-March. For some insiders and ...

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Late monsoon arrival delays crop sowing in India

Bloomberg The southwest monsoon, which waters more than half of India’s farmland, arrived in the country’s southern coast more than a week later than normal. Monsoon showers reached Kerala on Saturday, said Mrutyunjay Mohapatra, additional director general of Meteorology at India’s Meteorological Department. The department in May had predicted a June first week onset for the June-September rainy period. The ...

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Trump’s trade attack pushes India to negotiating table

Bloomberg India plans to return to the negotiating table after President Donald Trump terminated a trade concession, which allowed the country to export almost 2,000 products to the US duty-free, people with knowledge of the matter said. While an option is to raise tariffs on a slew of US goods as retaliation, India may not choose that considering the benefits ...

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