Indian Prime Minister Narendra Modi appears set to win a third term, while South Africa’s ruling African National Congress lost its 30-year parliamentary majority. https://www.cnbc.com/2024/06/03/cnbc-daily-open-nvidias-new-chip-gamestop-soars.html
from Bloomberg Markets https://ift.tt/2LBMR39
Investors braced for further upheaval in South Africa’s financial markets in the wake of last week’s elections that produced no outright winner, with the outcome of ongoing coalition talks remaining highly uncertain. from Bloomberg Markets https://ift.tt/vsktTo7
OPEC+ extended its production cuts as it seeks to bolster a fragile market, but also set a date to begin bringing some oil back online later this year. Bloomberg News’ Anthony DiPaola discusses with Joumanna Bercetche on Horizons Middle East & Africa. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/DW2y9hb
The candidate of the leftist ruling party won by a landslide on pledges of policy continuity. https://www.wsj.com/articles/mexico-election-vote-results-af55cbce
Indian stocks are surging while bonds and the rupee are climbing as exit polls indicated a resounding victory for Prime Minister Narendra Modi’s party. Avril Hong reports on Bloomberg Television. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/j39OqEY
Indian opposition leaders dismissed the exit polls predicting a landslide victory for Prime Minister Narendra Modi, with a top politician calling it a “Modi media poll.” from Bloomberg Politics https://ift.tt/Mn5Tlwx
Over 50 people have died in the past three days due to heat-related illnesses. https://ift.tt/7hlX4dP June 03, 2024 at 08:49AM
Pakistan’s inflation pace eased for the fifth straight month as domestic food supplies improved and fuel costs fell at a time when the central bank has kept interest rates at a record for nearly a year. from Bloomberg Markets https://ift.tt/efbwjHK
JAKARTA, Indonesia (AP) — One of Thailand’s most wanted fugitives will be escorted home on a Thai air force plane after being arrested on Indonesia’s tourist island of Bali following months on the run in connection with several killings and drug trafficking charges in his homeland, officials said Monday. from Bloomberg Politics https://ift.tt/roQpFlb