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US$453bil bond manager Western Asset shifts bets

Singapore: Western Asset Management Co is reducing its Indian government bond holdings as tensions around a new citizenship law and the Kashmir region cloud the economic outlook.

India warns palm oil buyers against Malaysian imports

MUMBAI: Indian palm oil importers have effectively stopped all purchases from Malaysia after the government privately warned them to shun the product from the country following a diplomatic spat, industry and government sources said.

Peering into 2020

AS 2019 fades, the world’s financial markets are reaching record high, celebrating in truth a sigh of relief that Britain has final closure on Brexit through a thumping victory for Boris Johnson; and the non-announcement of a US-China trade truce that seems to postpone more intractable problems to the future. AS 2019 fades, the world’s financial markets are reaching record high, celebrating in truth a sigh of relief that Britain has final closure on Brexit through a thumping victory for Boris Johnson; and the non-announcement of a US-China trade truce that seems to postpone more intractable problems to the future.