Yen on the ropes as BOJ defends yield target

The yen fought for a footing on Tuesday, following its worst session in 16 months, as the Bank of Japan pins down bond yields at a time when they are rising sharply in the rest of the world. The Japanese currency fell as much as 2.4% to 125.10 to the dollar overnight, its lowest since August 2015, before recovering to 124.24 in volatile morning trade in Tokyo.

Gold slips ahead of Ukraine-Russia peace talks

With peace talks between Russia and Ukraine set to take place in Turkey this week, Ukrainian President Volodymyr Zelenskiy insisted on the territorial integrity of his country after earlier suggesting he was ready for a compromise.

Sebi plans reducing timelines for open, buyback offers

Further, Sebi noted that the changes would also help conclude the offers in a more efficient and time-bound manner and to synchronise the timelines of similar activities across all the tender offers to the extent possible. Among other changes, the regulator has proposed the period for tendering shares in an open offer to 10 working days from the date of receiving comments from Sebi and would remain open for 5 working days.