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High activity was recorded mainly in the Chinese market that recovered from the virus early. On the other hand, the Southeast Asian markets remained slow but bankers are being positive about things next year.(AP image for representation)

Asian capital markets may see some megahit IPOs next year

Hindustan Times, New Delhi | By hindustantimes.com | Edited by Deepali Sharma
UPDATED ON DEC 17, 2020 12:35 PM IST
The Asian market is scheduled to see some valuable start-ups going public next year as some bankers suggest 2021 might turn out busier than the pandemic-hit year of 2020.
The turn of fortune for India’s rupee couldn’t be more rapid. It has gone from being Asia’s best performer to the worst in two weeks.(Sonu Mehta/HT PHOTO)
The turn of fortune for India’s rupee couldn’t be more rapid. It has gone from being Asia’s best performer to the worst in two weeks.(Sonu Mehta/HT PHOTO)

Rupee goes from Asia’s best to worst performer in just two weeks

By Bloomberg
UPDATED ON JAN 11, 2019 08:13 AM IST
The rupee “may be leading the divergence within EM Asia and unless oil’s trajectory changes it will be a short,” said Vishnu Varathan, head of economics and strategy at Mizuho Bank Ltd. in Singapore.
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