Salman Khan gets bail in black buck poaching case

Mumbai, Aug 3: Megastar Amitabh Bachchan says he has immense gratitude for the doctors who provided him with medical care for Covid-19 and feels overwhelmed to be free of the virus finally.

Amitabh, on Sunday, tested negative for the novel coronavirus and was discharged from hospital.

The 77-year-old actor was admitted to Nanavati hospital along with son Abhishek after testing positive for Covid-19 on July 11. Abhishek, 44, is still positive and will remain under medical care.

"It has been heartening to be back from the Hospital after the ‘mukti’ from the coronavirus but a sour taste in the mouth when Abhishek has to still be in the medical care," Amitabh wrote in his blog.

The actor said doctors are tirelessly working towards battling the virus "each hour" through consultation, sharing of information and experience with their fraternity from other parts of the world which gives "the hope of repair."

"Assuring us each minute that ‘all shall be well’ , when in fact they themselves struggle to find that confirmed patent that can be used, delivered, executed to save lives and conditions from the virus.

"When I had addressed them as 'angels in white' I had never imagined that I would be supine in their midst to savour their angelic presence, as they give us hope, inspiration and the strength to fight. They are quite quite remarkable. My gratitude shall never fail for them... feeling bad for Abhishek .. prayers he comes home soon," he added.

On Sunday, Abhishek thanked well-wishers for their continued support and said he would remain under medical care.

"I, unfortunately, due to some comorbidities remain Covid-19 positive and remain in hospital. Again, thank you all for your continued wishes and prayers for my family. Very humbled and indebted. I'll beat this and come back healthier! Promise," he wrote.

Abhishek's wife, actor Aishwarya Rai Bachchan, 46, and eight-year-old daughter Aaradhya were discharged from the hospital on Monday after testing negative for Covid-19.

Tokyo, Jul 27: Gold hit an all-time high on Monday as tit-for-tat consulate closures in China and the United States rattled investors, boosting the allure of safe-haven assets, although sentiment was mixed with tech gains supporting some Asian stocks.

MSCI's ex-Japan Asia-Pacific index rose 1.3 percent as Taiwan's TSMC, Asia's third-largest company by market capitalisation, rose almost 10 percent.

The chipmaker's gains boosted other tech stocks in the region and came after rival Intel signalled it may give up manufacturing its own components due to delays in new 7-nanometer chip technology.

Also soothing sentiment, Chinese shares eked out gains after big falls late last week, with CSI300 index rising 0.5 percent.

S&P500 futures were last up 0.4 percent in choppy trade while Japan's Nikkei fell 0.5 percent, resuming trade after a long weekend and catching up with falls in global shares late last week.

Global shares had lost steam last week after Washington ordered China's consulate in Houston to close, prompting Beijing to react in kind by closing the US consulate in Chengdu.

US Secretary of State Mike Pompeo took fresh aim at China last week, saying Washington and its allies must use "more creative and assertive ways" to press the Chinese Communist Party to change its ways.

"US President (Donald) Trump used to say China's President Xi Jinping is a great leader. But now Pompeo's wording is becoming so aggressive that markets are starting to worry about further escalation," said Norihiro Fujito, chief investment strategist at Mitsubishi Securities.

Gold rose 1.0 percent to a record high of $1,920.9 per ounce, surpassing a peak touched in September 2011, as Sino-US tensions boosted the allure of safe-haven assets, especially those not tied to any specific country.

The yellow metal is also helped by aggressive monetary easing adopted by many central banks around the world since the pandemic plunged the global economy into a recession.

Some investors fret such an unprecedented level of money-printing could eventually lead to inflation.

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Hopes of a quick US economic recovery are fading as coronavirus infections showed few signs of slowing.

That means the economy could capitulate without fresh support from the government, with some of earlier steps such as enhanced jobless benefits due to expire this month.

Investors hope US Congress will agree on a deal before its summer recess but there are some sticking points including the size of the stimulus and enhanced unemployment benefits.

US Treasury Secretary Steve Mnuchin said the package will contain extended unemployment benefits with 70 percent "wage replacement".

Democrats, who control the House of Representatives, want enhanced benefits of $600 per week to be extended and look to much bigger stimulus compared with the Republicans' $1 trillion plan.

Investors are looking to corporate earnings from around the world for hints on the pace of recovery in the global economy.

"It looks like rising coronavirus cases are starting to slow down recovery in many countries," said Masahiro Ichikawa, senior strategist at Sumitomo Mitsui DS Asset Management.

Concerns about the US economic outlook started to weigh on the dollar, reversing its inverse correlation with the economic well-being over the past few months.

The dollar index dropped 0.3 percent to its lowest level in nearly two years.

The euro gained 0.3 percent to $1.1693, hitting a 22-month high of $1.16590 as sentiment on the common currency improved after European leaders reached a deal on a recovery fund in a major step towards more fiscal co-operation.

Against the yen, the dollar slipped 0.5 percent to 105.605 yen, a four-month low while the British pound hit a 4 1/2-month high of $1.2832.

Oil prices dipped on worries about the worsening Sino-US relations.

Brent futures fell 0.46 percent to $43.14 per barrel while US crude futures lost 0.44 percent to $41.11.