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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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China's 5% growth target for 2024 is achievable, state planner says

China's 5% growth target for 2024 is achievable, state planner says

Wed, Mar 06, 2024

The economy has been grappling with sub-par growth over the past year amid a deep property crisis and as wary consumers hold off spending, foreign firms divest, manufacturers struggle for buyers, and local governments contend with huge debt burdens.

China hikes defence budget by 7.2 per cent to USD 232 billion amid rivalry with US, frictions with neighbours

China hikes defence budget by 7.2 per cent to USD 232 billion amid rivalry with US, frictions with neighbours

Tue, Mar 05, 2024

The increase in terms of the percentage of China's defence budget was the same as last year.

China vows to 'transform' economy, targets stable growth of around 5%

China vows to 'transform' economy, targets stable growth of around 5%

Tue, Mar 05, 2024

With awe at China's economic miracle fading rapidly, some economists drew comparisons with Japan's lost decades of stagnation in the 1990s, calling for pro-market reforms and measures to boost consumer incomes.

China's February factory activity shrinks for 5th month, adding to pressure on economy

China's February factory activity shrinks for 5th month, adding to pressure on economy

Fri, Mar 01, 2024

China manufacturing PMI data: China's manufacturing activity in February contracted for a fifth straight month, an official factory survey showed on Friday, raising the pressure on policymakers to roll out further stimulus measures as factory owners struggle for orders.

World shares flattened by stubborn inflation and slow China growth

World shares flattened by stubborn inflation and slow China growth

Tue, Feb 20, 2024

The chipmaker's stock has surged 46 per cent so far this year and accounted for more than a quarter of the S&P 500's gains.

China cuts mortgage reference rate more than expected to revive property market

China cuts mortgage reference rate more than expected to revive property market

Tue, Feb 20, 2024

Commercial banks' improving net interest margins following recent deposit rate cuts and the reduction to bank reserves earlier this month has paved the way for lenders to reduce borrowing costs to support the economy.

China's first homegrown airliner makes international debut in Singapore

China's first homegrown airliner makes international debut in Singapore

Sun, Feb 18, 2024

With Airbus and Boeing struggling to ramp up production and meet demand for new planes, and Boeing struggling with a string of crises, the aviation industry is watching how COMAC positions itself as a viable alternative.

China central bank leaves key policy rate unchanged under shadow of Federal Reserve

China central bank leaves key policy rate unchanged under shadow of Federal Reserve

Sun, Feb 18, 2024

The PBOC said in its latest monetary policy implementation report that it would keep policy flexible to boost domestic demand, while maintaining price stability.

China's consumer prices fall 0.8% YoY, factory deflation persists

China's consumer prices fall 0.8% YoY, factory deflation persists

Thu, Feb 08, 2024

China consumer prices fall: China's consumer prices extended their decline for a fourth month in January while producer prices also dropped, underscoring deflationary risks facing the world's second-biggest economy as it struggles to mount a solid recovery.

Asia market news: Stocks inch higher as China rebounds, dollar firm

Asia market news: Stocks inch higher as China rebounds, dollar firm

Tue, Feb 06, 2024

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3%, after a 0.7 per cent decline from the previous session.

Volvo Cars' sales rise 10% y/y in January

Volvo Cars' sales rise 10% y/y in January

Mon, Feb 05, 2024

Volvo Cars, which is majority-owned by China's Geely Holding, said in a statement sales in Europe, its biggest market, were up 8 per cent while in the United States, they were unchanged.

China regulator approves joint venture set up by Mercedes-Benz and BMW Brilliance

China regulator approves joint venture set up by Mercedes-Benz and BMW Brilliance

Mon, Feb 05, 2024

China regulator approves joint venture set up by Mercedes-Benz and BMW Brilliance

How foreign investors can invest in India

How foreign investors can invest in India

Mon, Feb 05, 2024

All FPI investments must be in Indian rupees and dealt with through brokers.

China's Jan services activity expands at slower pace - Caixin PMI

China's Jan services activity expands at slower pace - Caixin PMI

Mon, Feb 05, 2024

The figure comes after official data last week showed factory activity contracted again, offering a snapshot of the state of the economy at the start of the year.

China's tumbling prices push some exporters to the brink

China's tumbling prices push some exporters to the brink

Mon, Feb 05, 2024

Prolonged factory deflation is threatening the survival of smaller Chinese exporters who are locked in relentless price wars for shrinking business as higher interest rates abroad and rising trade protectionism squeeze demand.

Asia's factories struggle for momentum amid soft Chinese demand

Asia's factories struggle for momentum amid soft Chinese demand

Thu, Feb 01, 2024

The IMF expects China's economy to expand 4.6 per cent this year, slowing from 5.2 per cent in 2023.

China's factory activity expands on export order boost - Caixin PMI

China's factory activity expands on export order boost - Caixin PMI

Thu, Feb 01, 2024

The Caixin/S&P Global manufacturing PMI stayed at 50.8 in January, unchanged from December and surpassing analysts' forecasts of 50.6.

Whirlpool shares slip after weaker-than-expected annual forecasts

Whirlpool shares slip after weaker-than-expected annual forecasts

Tue, Jan 30, 2024

Whirlpool faces competition from rivals such as China's Midea, opens new tab, pressuring it to lower prices as cash-strapped consumers look for cheaper goods.

China approves over 40 AI models for public use in past six months

China approves over 40 AI models for public use in past six months

Mon, Jan 29, 2024

Chinese regulators then granted two more batches of approvals in November and December before another batch was given the green light this month.

FAA bars Boeing from increasing MAX output but ends partial grounding

FAA bars Boeing from increasing MAX output but ends partial grounding

Thu, Jan 25, 2024

The FAA offered no estimate of how long the limitation would last and did not specify the number of planes Boeing could produce each month.

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