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Sensex tanks nearly 1,200 points: FPI selling, weak global cues drag markets

Sensex tanks nearly 1,200 points: FPI selling, weak global cues drag markets

Mon, Jan 06, 2025

Sensex nosedives nearly 1,200 points as HMPV virus fears, FPI outflows, weak global cues, and earnings jitters weigh heavily on markets, with smallcap and midcap indices slipping up to 2%.

India-China troops begin disengagement at 2 friction points in Ladakh

India-China troops begin disengagement at 2 friction points in Ladakh

Fri, Oct 25, 2024

The border standoff between India and China began in eastern Ladakh along the LAC in 2020, sparked by Chinese military actions.

China emerges as India's top import source during April-September 2024

China emerges as India's top import source during April-September 2024

Wed, Oct 16, 2024

China has emerged as India's top import source with $56.29 billion worth of inbound shipments during the April-September period of this fiscal, according to the commerce ministry data.

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Volkswagen Q1 deliveries up

Volkswagen Q1 deliveries up

Wed, Apr 10, 2024

Volkswagen delivered a total 2.10 million vehicles during the first quarter, representing a 3.1 per cent rise compared to the same time period last year.

Fitch cuts China's ratings outlook on growth risks

Fitch cuts China's ratings outlook on growth risks

Wed, Apr 10, 2024

Fitch expects China's explicit central and local government debt to rise to 61.3 per cent of gross domestic product (GDP) in 2024 from 56.1 per cent in 2023 - a clear deterioration from 38.5 per cent in 2019.

Fitch downgrades outlook on China to negative on economic growth risks

Fitch downgrades outlook on China to negative on economic growth risks

Wed, Apr 10, 2024

While it lowered its outlook, indicating a downgrade is possible over the medium term, the agency affirmed China's IDR rating at 'A+'.

Singapore iron ore prices rise by more than 7%.. Iron ore prices in China rise by 5%

Singapore iron ore prices rise by more than 7%.. Iron ore prices in China rise by 5%

Mon, Apr 08, 2024

Singapore iron ore prices rise by more than 7%... Iron ore prices in China rise by 5%

Tesla casts doubt on the quest for a Model T of EVs

Tesla casts doubt on the quest for a Model T of EVs

Sun, Apr 07, 2024

The uncertainty over Tesla's plans, and delays to EV projects at rival automakers, present would-be EV buyers and Biden administration environmental policy makers with tough choices.

US, China need 'tough' conversations, Yellen tells Chinese Premier Li

US, China need 'tough' conversations, Yellen tells Chinese Premier Li

Sun, Apr 07, 2024

Yellen said Washington and Beijing had a "duty" to responsibly manage the complex relationship, as she brought her case for reining in China's excess factory capacity to the Chinese leadership.

Bank of China says net interest margin will continue to face pressure

Bank of China says net interest margin will continue to face pressure

Tue, Apr 02, 2024

Reductions to the benchmark lending rate earlier this year and existing mortgage rates last year have impacted returns from the asset side, said Zhang.

China blocks use of Intel and AMD chips in government computers, FT reports

China blocks use of Intel and AMD chips in government computers, FT reports

Sun, Mar 24, 2024

Government agencies above the township level have been told to include criteria requiring "safe and reliable" processors and operating systems when making purchases, the newspaper said.

China told it faces 'fork in the road' as officials meet CEOs

China told it faces 'fork in the road' as officials meet CEOs

Sun, Mar 24, 2024

Foreign investment flows into China shrank nearly 20 per cent in the first two months of the year, data released Friday showed, and officials have been stepping up efforts to attract investors at a time when many companies have been looking to "de-risk" supply chains and operations away from China.

China's consumer lenders set for shakeout as new rules raise the bar

China's consumer lenders set for shakeout as new rules raise the bar

Thu, Mar 21, 2024

They can struggle to provide proof of income and credit, shutting them out of bank loans when they need funds for travel, medical expenses, or the education of their children.

Warehouse developers bet on India as companies look beyond China

Warehouse developers bet on India as companies look beyond China

Mon, Mar 18, 2024

Prime targets are firms looking to expand manufacturing facilities beyond China as tension with the United States and other countries takes off some of its shine.

China's January-February property investment falls 9% YoY

China's January-February property investment falls 9% YoY

Mon, Mar 18, 2024

Property investment in China slid 9.0 per cent year-on-year in the first two months of 2024, compared with a 24.0 per cent fall in December 2023, National Bureau of Statistics (NBS) data showed on Monday.

China January-February industrial output rises 7%, beats expectations

China January-February industrial output rises 7%, beats expectations

Mon, Mar 18, 2024

China January-February industrial output news: China's industrial output grew 7.0 per cent year-on-year in the January-February period, data showed on Monday, accelerating from the 6.8 per cent pace seen in December and beating expectations, marking a solid start for 2024 and offering tentative relief to policymakers.

China central bank set to leave key rate unchanged on Friday amid uncertainty around Fed easing

China central bank set to leave key rate unchanged on Friday amid uncertainty around Fed easing

Fri, Mar 15, 2024

China's central bank is expected to leave a key policy rate unchanged when it rolls over maturing medium-term loans on Friday, a Reuters survey showed, amid uncertainty over the timing of expected Federal Reserve interest rate cuts.

China's plan to cut down payments for cars likely to fall flat, analysts say

China's plan to cut down payments for cars likely to fall flat, analysts say

Thu, Mar 14, 2024

The revision is likely to be the first in rules for the management of car loans since 2017, few industry officials and analysts saw it as a game-changer.

Chinese giant Alibaba plans to invest $1.1 billion in South Korea

Chinese giant Alibaba plans to invest $1.1 billion in South Korea

Thu, Mar 14, 2024

Alibaba also plans to spend $100 million to help small and midsized South Korean firms sell their products overseas, the document showed.

Zara-owner Inditex shares rise to record high on spring season boost

Zara-owner Inditex shares rise to record high on spring season boost

Wed, Mar 13, 2024

The company behind Zara has widened its lead over Sweden's H&M thanks to its ability to deliver trends faster from nearby suppliers and sell more clothes at higher prices.

Intel survived bid to halt millions in sales to China's Huawei, sources say

Intel survived bid to halt millions in sales to China's Huawei, sources say

Tue, Mar 12, 2024

AMD applied for a license to sell similar chips in early 2021 after President Joe Biden took office but never received a response to its application, a source said.

China warns overall pressure on employment yet to ease

China warns overall pressure on employment yet to ease

Sun, Mar 10, 2024

China still faces structural employment issues and overall pressure on jobs has not eased, the human resources minister said on Saturday, as the slowing economy braces for another record number of college graduates in 2024.

China's exports top forecasts as global demand returns

China's exports top forecasts as global demand returns

Thu, Mar 07, 2024

Exports from the world's second-biggest economy in the two months were 7.1 per cent higher than a year before, customs data showed on Thursday, beating a Reuters a poll that expected an increase of 1.9 per cent. Imports were up 3.5 per cent, compared with a poll forecast for growth of 1.5 per cent

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