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Rate-cut fervour sees funds favouring India’s short bonds

Bloomberg India’s shorter-maturity bonds are set to outperform as traders boost the odds the central bank may cut interest rates again as soon as its April meeting. That’s one of the reasons asset managers such as DHFL Pramerica Asset Managers Pvt. and HDFC Standard Life Insurance Co. favor the front-end of the yield curve. At the same time, escalating concern ...

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Australia in tree-planting binge to help meet climate targets

Bloomberg Australia aims to plant a billion trees by 2050 as part of a new forestry plan the government says will help the country meet its Paris Agreement climate targets. A sod-turning spree on that scale would contribute to the removal of 18 million tons of greenhouse gas per year by 2030 in a country currently producing in excess of ...

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Singapore economy grows at slower pace

Bloomberg Singapore’s economy grew at a slower pace in the fourth quarter than previously estimated, a sign that US-China trade tensions and weaker global demand are starting to bite. Gross domestic product (GDP) increased an annualized 1.4 percent from the prior quarter, lower than the government’s earlier projection of 1.6 percent and the median forecast of 1.5% in a Bloomberg ...

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