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Bessent in Tokyo Ahead of Xi‑Trump Meet | The Asia Trade 5/12/2026
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Sydney and Singapore with Paul Allen and Avril Hong, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
FIR filed against SP MP Ajendra Singh Lodhi over derogatory remarks against PM Modi
An FIR is filed against Samajwadi Party MP Ajendra Singh Lodhi in Mahoba, Uttar Pradesh, for allegedly making derogatory remarks against Prime Minister Narendra Modi. BJP leaders, including CM Yogi Adityanath, have strongly condemned the comments, calling them an insult to democratic values and demanding action from SP chief Akhilesh Yadav.
Sensex down nearly 700 points: What's dragging down Dalal Street today?
Sensex down nearly points Whats dragging down Dalal Street today
Rupee crashes to record low of 95.6 as US-Iran ceasefire jitters send oil soaring
The Indian Rupee hit a record low of 95.63 against the US dollar amid escalating geopolitical tensions and fragile investor sentiment. Intensifying Middle East conflict, rising oil prices, and sustained foreign fund outflows are pressuring the currency. This economic uncertainty is also reflected in a significant dip in domestic stock markets.
Groww Block Deal: आज होगी ₹4750Cr की डील... फोकस में ये शेयर, क्या आपके पास है?
Groww Block Deal Cr
Oil & gas royalty rejig: What govt big upstream reform means
The Indian government has rationalised royalty rates and methodologies for crude oil, natural gas, and casing head condensate to simplify regulations and boost the upstream energy sector. This move aims to bring greater clarity, consistency, and predictability to the oil and gas regime, encouraging fresh investments in exploration and production activities.
डॉलर से दूरी क्यों जरूरी? रूस का हश्र सबने देखा... इसलिए PM मोदी की अपील- सोना मत खरीदें!
PM
Infosys, TCS shares tumble up to 3%: Why are IT shares falling today?
Infosys TCS shares tumble up to Why are IT shares falling today
China's Growth Story Has Shifted, KKR's McVey Says
Henry McVey, KKR Head of Global Macro and Asset Allocation and CIO of the firm's Balance Sheet, says industrialization, robotics, and the green economy are now driving China's growth. He believes investors should focus on relative value in AI, and notes that valuations in China have become attractive. He also shares his views on the Chinese currency and property market on Bloomberg's "The China Show." (Source: Bloomberg)
Sensex opens 400 points lower, Nifty below 23,800; Infosys, TCS down over 2%
Sensex opens points lower Nifty below Infosys TCS down over
Rupee sinks to all-time low of 95.58 against US dollar amid crude oil shock
Rupee sinks to alltime low of against US dollar amid crude oil shock
WFH is a short-term fix. How 3 fuel pipelines can secure India in the long term
WFH is a shortterm fix How fuel pipelines can secure India in the long term
Why India turned down Russia's LNG despite Middle East-driven supply concerns
India has reportedly rejected Russian LNG cargoes under US sanctions, despite energy security worries. A sanctioned Russian LNG shipment is now stranded near Singapore as India navigates compliance risks. While India continues to import Russian crude, LNG is harder to conceal from global tracking systems. Discussions are ongoing for non-sanctioned Russian supplies.
Balochistan PA seeks tax reduction for women’s hygiene products
KARACHI: Garbage has completely covered the waters of the Keamari harbour.—Online QUETTA: The Balochistan Assembly on Monday adopted two resolutions on reducing taxes on women’s hygiene and sanitary products, and to strengthen minority representation at provincial and local levels. The resolution, jointly moved by JUI-F female members Ms Shahida Rauf, Ume Kulsoom. Rehman Baloch and Khair Baloch, demanded the federal government to reduce taxes on women’s health and hy...
Australia Targets Housing Inequality in New Budget
Australia is set to crack down on tax concessions for property investors, as it looks to ease generational inequality and rein in the budget deficit. Treasurer Jim Chalmers is due to unveil the federal budget Tuesday, anchored by a flagship housing package. Bloomberg's Paul Allen reports on Australia's property obsession and speaks to ANU’s Jill Sheppard about what's at stake. (Source: Bloomberg)
DVSA introduces new rule with £75 charge for two million UK drivers
DVSA has introduced a new rule for learner drivers which aims to eliminate exploitation and unnecessary fees when it comes to driving tests for two million UK drivers
Australia Watchdog Says Money Launderers Ramping Up AI for Scams
Australia’s financial crimes watchdog warned of a heightened threat of money laundering linked to artificial intelligence that has been used by crooks to scale up activities, automate processes and create fake documents.
PM extends conservation, austerity steps till June 13
Prime Minister Shehbaz Sharif and his team call on President Asif Ali Zardari at the Presidency. Foreign Minister Ishaq Dar, NA Speaker Ayaz Sadiq, Interior Minister Mohsin Naqvi, Law Minister Azam Nazeer Tarar and Senator Saleem Mandviwalla are also present.—Online ISLAMABAD: With no end in sight to the conflict in the Middle East, Prime Minister Shehbaz Sharif on Monday ordered that a countrywide austerity drive be extended until June 13. Meanwhile, with rumours of a pos...
Top stocks to buy or sell: Stock market recommendations for today
Stock market recommendations: Somil Mehta, Head of Retail Research at Mirae Asset ShareKhan has picked Max Healthcare Institute, and Coal India as the top stocks to buy today (May 12, 2026). AU Small Finance Bank is a sell call from the analyst.
The true cost of Anthony Albanese's tax hit on homeowners is revealed - and why the key Budget move could stunningly backfire
The true cost of Anthony Albanese's tax hit on homeowners is revealed - and why the key Budget move could stunningly backfireREAD MORE: Top economist warns Australia heading for property price crash By SARAH BROOKES - SENIOR REPORTER, AUSTRALIA Published: 03:29, 12 May 2026 | Updated: 03:31, 12 May 2026 e-mail View comments