Fears of recession roil Singapore markets
As the Federal Reserve readies a slower path of rate increases ahead, investors remain wary of the risk that the US central bank could argue for a pause.
As the Federal Reserve readies a slower path of rate increases ahead, investors remain wary of the risk that the US central bank could argue for a pause.
India's Tata Group will remain the bigger partner in Air India post-merger, with a 74.9 per cent stake.
The confirmation comes amid Indian media reports that Tata, having completed its acquisition of Air India, was looking at merging it with Vistara.
Pandemonium followed fears that the Federal Reserve will go for a 75-basis point interest rate hike at its meeting this week
In Asia, key indices in Tokyo, Sydney, Hong Kong and Seoul fell by around 2.5 per cent, after sharp overnight falls on Wall Street.