Cockroach Party Leaders Vow to Continue Protests After ReleaseLeaders of India’s youth-led protest movement - Cockroach Janta Party - vowed to press ahead with their demand for the resignation of the country’s top election official after being released from a temporary detention on Sunday.
India’s Rupee Defense Raises Question of How Far RBI Will GoThe Reserve Bank of India is broadening its defenses to steady the rupee, taking some of its strongest measures since the 2013 taper tantrum. That may give the currency a boost as trading resumes Monday, but the question remains: how far is the central bank willing to go as external pressures mount?
Jefferies Says Found Fraud in $900 Million of Radiant DealsA Jefferies-run fund said in court proceedings that it has evidence of alleged fraudulent conduct by iron ore traders Radiant World and Sapphire Minmetals in receivables-financing deals with a face value of almost $900 million.
China Issues Draft Standards for Remanufactured Automotive PartsChina released draft rules that would establish nationwide requirements for automotive-parts remanufacturing, including standards for the sourcing of used components, product quality, traceability and market oversight.
Poland Central Bank Faces Meeting Hurdles Without Glapinski: PAPThe potential suspension of Polish central bank governor Adam Glapinski could make it difficult to convene meetings of the rate-setting panel, a policymaker said, as an “unprecedented” legal challenge raises questions about the institution’s leadership.