Good morning, and welcome to a new week of Asia Links
Investors stay put as market offers nowhere to hide (WSJ)
India bans all wheat exports over Ukraine/heat wave food security risk (Guardian, Bloomberg, Reuters)
But open to exports to needy nations despite ban (AP)
G7 warns of global hunger crisis unless Russia lifts Ukraine blockade (FT, AP)
The Economist says India is likely to be the world’s fastest-growing economy this year
China cuts mortgage rates to counter collapse in home sales (Bloomberg, Reuters)
China credit demand slumps to weakest in almost five years (Caixin)
China data paints bleak picture of covid-hit economy (SCMP)
Shanghai to reopen malls, supermarkets and restaurants from today (SCMP, AP)
Shanghai lays out reopening plan as China cancels 2023 Asian Cup soccer tournament (WSJ)
Shanghai lockdown exposes global supply chain strains (FT)
Nations aim to secure supply chains by turning offshoring into ‘friend-shoring’ (WSJ)
Xi cautions of improper capital, jobs in newly published remarks (Bloomberg)
China looks to spur job prospects for record number of new graduates (Reuters)
Opinion: China’s youth are changing, the Party’s message must too (Sixth Tone)
Anti-China forces (in Hong Kong) have no extra-judicial privileges (China Daily)
RMB gets bigger weighting in IMF SDR basket – up 1.36% to 12.28% (SCMP)
Biden’s $54 billion chip funding bill stalls in Congress (SCMP)
Adani buys Holcim’s Indian assets for $10.5 billion (FT)
India prices LIC IPO at top end of range (Reuters)
G& to help Indonesia, Vietnam shed dependence on coal-fired power (Nikkei Asia
Musk considers Indonesia trip to explore possible investments (Nickel) (Bloomberg. Reuters)
Malaysia foreign minister meets Myanmar opposition counterpart in Washington (Reuters)
Australian Prime Minister launches his election campaign less than a week before the polls (AP)
China voices discontent with EU-Japan position on Senkaku islands (Reuters)
Goldman Sachs says senior staff can take as much time off as they want (FT)
Some minority workers, tired of workplace slights, prefer working from home (WSJ)
HKFA boss says soccer players don’t want to appear for Hong Kong (SCMP)
Fury erupts after YouTuber wears necklace that was formerly part of an Indian royal collection (SCMP)
Durian prices expected to double this year, Malaysia says (Straits Times)