Xpeng Group (09868.HK) extended losses in afternoon trading, down about 10%.

India, one of the world’s largest wheat producers, has lifted a multi-year wheat export ban and immediately approved exports, the Directorate General of Foreign Trade said on Monday. The clearance covers durum wheat, flour and other related products; New Delhi had permitted limited exports in February. The move could ease global wheat supply strains linked to the escalation of the Russia-Ukraine conflict.

People familiar said HSBC Holdings has bought at least $3 billion of Indian government bonds since July, funding the purchases with large inflows raised under the Reserve Bank of India’s non-resident foreign currency deposit scheme (FCNR(B)). The bank has concentrated purchases in five-year paper and has attracted over $10 billion under the scheme, the largest intake among global peers. The RBI’s overseas dollar window, opened on June 5 to draw foreign currency and support the rupee, has helped compress domestic funding costs: since June 5 five-year government yields have fallen about 31bp versus roughly a 12bp decline in the 10-year.