India's top rice-producing states of Bihar, Jharkhand, West Bengal and Uttar Pradesh have recorded a monsoon rainfall deficit of as much as 45% so far this season
Economists had predicted the Reserve Bank of India would hike the repo rate by 25 or 50 basis points, given retail inflation hit 7% in June.
The dollar was unable to recoup losses after it slid 0.68% over night, as investors remained on the sidelines awaiting US jobs data
China was the top buyer of US agricultural and related products in the first half of this year, according to US Census Bureau data
Trading in the Hong Kong digital bank's stock, which was regularly noted on Reddit's WallStreetBets this week, has seen its market cap pass Goldman Sachs since listing last month
India's trade deficit and global flows to safe-haven US dollars are key reasons why analysts expect the rupee to trade near its historic low to the dollar over the next three months.
YMTC's new chip marks a breakthrough for the company and helps it close the gap on rivals including the US's Micron and South Korea's SK Hynix.
Japanese PM Fumio Kishida has reached out to labour unions and companies as part of his push for wage increases to help households manage higher prices.
China's average temperature has risen 0.26 degrees Celsius (0.47 degrees Fahrenheit) a decade since 1951, compared to the global average of 0.15 degrees.
Hong Kong's benchmark Hang Seng Index climbed by 1.7% in afternoon trading, while the blue-chip CSI300 Index was 0.6% higher
Japanese car giant said its operating profit plunged by 42% in the first quarter, after auto production was hit by Covid lockdowns and the global shortage of computer chips
The visit will do nothing to ease political gridlock for the planemaker, whose CEO said last week 737 MAX deliveries to China remain blocked by Covid and geopolitical tension