HSBC (5 HK) is said to be entangled in the debt crisis of Middle East consumer firm IFFCO, with the firms exposure estimated to be approximately USD 400mln

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US President Trump threatens 100% tariffs on French wine over digital tax and demands France axes 3% tech levy or face a trade war, according to NYP

Indian Finance Minister says India faces challenges of uncertainty over prices of FX and crude oil, besides shortfall of rains this year

HSBC (5 HK) is said to be entangled in the debt crisis of Middle East consumer firm IFFCO, with the firms exposure estimated to be approximately USD 400mln

Japanese Tertiary Industry Index MoM (Apr) M/M 1.3% (Prev. -0.2%)

Anxieties over inflation risk mount ahead of the BoE meeting, with the Bank likely to keep interest rates unchanged, although meeting is set to reflect rising anxiety within the MPC about the inflation risks posed by the energy crisis, according to FT

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