India-listed shares of Adani Group firms slid and their dollar bonds remained under pressure for a second day following billionaire founder Gautam Adani's indictment for fraud by U.S. prosecutors. Monthly PMIs will be released around the world over the course of the day, helping investors to chart out how the various economies are doing and where global rates are headed, as well as how much further the dollar's recent uptrend may have to run. Adani's company denied the accusations in Thursday's indictment, which comes less than two years after U.S. short-seller Hindenburg Research accused the Adani group of improper use of tax havens and involvement in stock manipulation, which the conglomerate also denied.
Attack marks one of deadliest incidents in sectarian violence between Sunnis and Shiites in Kurram
Indonesian President Prabowo Subianto has announced that his government plans to retire all coal and other fossil fuel-power plants while drastically boosting the country's renewable energy capacity in the next 15 years. Subianto also said he was “optimistic” Indonesia would achieve net zero emissions by 2050, a decade sooner than the country's previous 2060 commitment.