Asian shares extended losses on Thursday as troubles at U.S. lender First Republic Bank continued to unnerve investors amid concerns that growth in the world’s biggest economy could very well surprise to the downside. MSCI’s broadest index of Asia-Pacific shares outside Japan were 0.3% lower on Thursday, while Japan’s Nikkei lost 0.4%. China’s blue chips […]
The rupee pared its initial gains to settle 17 paise down at 82.23 against the US dollar on Monday, tracking losses in the domestic equity market and unabated foreign fund outflow. Traders said fall in crude oil price and a weaker dollar against major currencies, however, restricted the fall of the Indian currency. Also read: […]