India’s rupee, among Asia’s worst-performing currencies this year, could be the fastest in the region to rally as the world restarts economic activities after the coronavirus pandemic, oil prices weaken and the US dollar eases broadly, analysts said. The partially convertible Indian rupee has lost nearly 7% so far this year, despite dollar supplying intervention.
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Ambani’s fortune rose about $4.7 billion to $49.2 billion on Wednesday, after Reliance Industries Ltd gained 10%. The jump put Ambani about $3.2 billion ahead of China’s Jack Ma, according to the Bloomberg Billionaires Index.
Asia’s economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus crisis takes an “unprecedented” toll on the region’s service sector and major export destinations, the International Monetary Fund said on Thursday.
India is moving the oil to the SPR to help the country’s refineries reduce their excess crude as the lockdown to contain the outbreak of COVID-19, the respiratory disease caused by the new coronavirus, has dented transportation and industrial fuel consumption in Asia’s third-largest economy.
Business tycoon Anil Ambani has had his application to appeal a $100 million (Rs 753 crore) conditional order refused by the UK Court of Appeal. Ambani, the brother of one of Asia’s richest men, had been ordered at a February 7 hearing to pay the court $100 million by 4 pm local time (9.30 pm … Continue reading UK court refuses Anil Ambani’s plea to appeal
Reliance Group chairman Anil Ambani is running out of time. The brother of one of Asia’s most wealthy men and a one-time billionaire himself lost an attempt to appeal a UK court order that he set aside $100 million in his dispute with three Chinese banks.
Mukesh Ambani is no longer Asia’s richest man, relinquishing the title to Jack Ma after oil prices collapsed along with global stocks. The rout, exacerbated by mounting fears that the spread of the novel coronavirus will thrust the world into a recession, erased $5.8 billion from Ambani’s net worth on Monday and pushed him to … Continue reading Mukesh Ambani loses Asia’s richest tag to Jack Ma in $5.8 billion rout
Authorities may deploy some of the stockpile to steady the rupee, which has tumbled more than 2% over the past week as more locals are diagnosed with the coronavirus. The currency is the worst performer in Asia this month after having escaped relatively unscathed in February when most regional peers were hit by the contagion.
Companies will increase average pay by 9.1% in 2020, down from 9.3% in 2019 and 9.5% the previous year, Aon Plc said in a report published on Tuesday. The small increase reflects a deep slowdown in Asia’s third-largest economy, where growing pessimism about job prospects have led many to cut down on consumption — the … Continue reading Indians set for smallest salary hike in a decade
Distressed oil supplies are being offered to India as the spread of the coronavirus crimps fuel consumption across China, prompting requests for cargo deferrals and cancellations by Asia’s No. 1 importer.
Consumer sentiment in India worsened to an almost five-year low and manufacturing slack at companies widened to the most on record, indicating Asia’s third-largest economy is yet to put a floor under growth. The current situation index fell to 83.7 in Jan, the lowest since March 2015, according to the RBI’s consumer confidence survey.
Finance minister Nirmala Sitharaman’s new Budget is unlikely to drag Asia’s third- biggest economy out of its worst slowdown in more than a decade as the government has proposed only moderate spending increases and small cuts in personal taxes, economists said on Sunday.
Vant – Parasite Lyrics
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[Verse 1] Baby I’m more common than you’ll ever believe From Texas, Mississippi to the Evergreens I’ve been to Asia via Russia, sailed the seven seas I’m a pauper, high-roller, earthquake, summer breeze [Chorus] I’m a parasite, I’ll keep you up at night I’ll haunt your dreams I’m a nematode, I can kill you I … Continue reading Vant – Parasite Lyrics
Negativland – God Bull Lyrics
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[Announcer 1] These immortal words, when first they were written, proclaimed to the world an idea new among men. This was the American dream, the prayer for the future We pay tribute here not to a man who lived a century ago, but to an individual who lives today in the hearts of all freedom-loving … Continue reading Negativland – God Bull Lyrics
[Strofa 1: Ermal Meta] A Il Cairo non lo sanno che ore sono adesso Il sole sulla Rambla oggi non è lo stesso In Francia c’è un concerto, la gente si diverte Qualcuno canta forte, qualcuno grida “A morte” A Londra piove sempre ma oggi non fa male Il cielo non fa sconti neanche a … Continue reading Ermal Meta – Non Mi Avete Fatto Niente (feat. Fabrizio Moro) lyrics
In an ‘east meets west’ situation like no other, Sony Music Entertainment has teamed up with Chinese tech conglomerate giant Tencent’s music department Tencent Music Entertainment Group to launch a joint electronic dance label Liquid State. Liquid State will feature electronic and EDM artists both within Asia and abroad, with EDM superstar Alan Walker, known for his massive Asian fanbase, and Asian-American … Continue reading Sony Teams Up With Tencent For Asian Dance Label
P Money – Kings & Aces Lyrics
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[Verse 1: P Money] My mind is on fire ’cause when I write bars down I swear to God, I burn the paper P money merks like a new shape A-Class So powerful, no hero could save ya My mind is so creative It’s like having the thoughts of a scientist and a painter Out … Continue reading P Money – Kings & Aces Lyrics
Corporate Avenger – Evolved Lyrics
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CORPORATE AVENGEREvolved Lyrics Indians are not chinamen, some books contain lies. If man had evolved from apes, there would be no more apes. It has been said and written over and over again that the first north Americans followed migrations of animals on a land bridge from asia into the north America due to exposed … Continue reading Corporate Avenger – Evolved Lyrics
Big Sean – Inspire Me Lyrics
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[Hook] You do the right thing, you know you inspire me You do the right thing, you know you inspire me Can’t go wrong (this one’s for you, you, you) You do the right thing, you know you inspire me (you, you, you) [Verse 1] You tried to keep me away from temptation Introduced me … Continue reading Big Sean – Inspire Me Lyrics
Russ – The Best Party
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[Verse] Honolulu views sippin on some fresh guava Bumping always knew and thinkin’ ’bout my next comma I put my thoughts into the world until they come true You chase women I’m the one that they run to "Russ moves smart this is something you could learn from" Rappers pay attention maybe you can finally … Continue reading Russ – The Best Party