Indian Shares Fall nearly 2 on Inflation Jitters

BENGALURU, May 19 Reuters Indian shares fell for a second straight session Thursday as investors dumped riskier assets on fears that soaring inflation would hurt corporate earnings and spark an economic slowdown. The NSE Nifty 50 index fell 1.87 to 15,936.90 by 0459 GMT on broadbased losses, while the SP BSE Sensex dropped 1.79 to 53,239.48. The […]
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Japan Set to Allow Foreign Toshiba Bids

TOKYO, May 18 Reuters Japan will not block foreign investors from buying industrial giants such as Toshiba Corp provided they comply with rules that govern the handling of sensitive infrastructure and technology, Japan39;s economic security minister said. Economic activity is free, Takayuki Kobayashi said in an interview when asked whether officials would intervene in any foreign […]
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