On June 27, 2008, Field Marshal Sam Hormusji Framji Jamshedji Manekshaw, one of the most distinguished officers of the Indian Army, passed away at the Military Hospital in Wellington. His defining achievement came as the Chief of the Army Staff during the 1971 Indo-Pakistan War which led to the liberation of Bangladesh. Also, on this day in 1871, Japan officially adopted the yen as its national currencyread moreOne of the most decorated officers of the Indian Army, Field Marshal Sam Hormusji Framji Jamshedji Manekshaw bid adieu to the world on...
Asian stock markets advanced broadly at Friday’s open, with a key gauge of global equities on track for another record high, as calming geopolitical concerns and rising expectations for US Federal Reserve interest-rate cuts this year fueled investor optimism. Trading desks across Asia are buzzing with excitement again, as the region appears to be shaking off recent tariff shocks and once again attracting investors with its solid growth prospects.The positive momentum in Asia-Pacific markets largely tracked gains seen on Wall Street. This followed comments from White House spokesperson Karoline Leavitt,...