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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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India emerges as top priority for global tech titans over China

India emerges as top priority for global tech titans over China

Sun, Nov 05, 2023

Alphabet Inc's Google decision to manufacture its flagship Pixel 8 smartphone in India underscores the growing allure of the country as a manufacturing destination.

Stocks tiptoe higher before Fed, yen intervention alarms flare

Stocks tiptoe higher before Fed, yen intervention alarms flare

Wed, Nov 01, 2023

Markets are pricing in a 29 per cent chance of a 25 basis point hike in December and a 35 per cent chance of a 25 bps hike in January, the CME FedWatch tool showed.

Asia's factories squeezed as China's nascent recovery teeters

Asia's factories squeezed as China's nascent recovery teeters

Wed, Nov 01, 2023

The Chinese survey echoed a downbeat official PMI reading on Tuesday, which also showed an unexpected contraction in activity, casting doubt over recent hopes of a recovery in the world's second-largest economy.

Global gold demand drops 6% in Q3; India, China demand up

Global gold demand drops 6% in Q3; India, China demand up

Tue, Oct 31, 2023

Gold demand in China, the world's largest gold-consuming nation, rose marginally to 247 tonne in Q3 this year from 242.7 tonne in the year-ago period.

China Evergrande faces winding-up challenge in Hong Kong court

China Evergrande faces winding-up challenge in Hong Kong court

Mon, Oct 30, 2023

The judge could order the company be liquidated, or adjourn the case for more new information.

G7 calls for immediate repeal of bans on Japanese food, pressing China

G7 calls for immediate repeal of bans on Japanese food, pressing China

Sun, Oct 29, 2023

China slapped a blanket suspension of Japanese fish imports two months ago when Japan started the release of treated radioactive water from the wrecked Fukushima plant into the Pacific.

Stellantis gains foothold in China with $1.6 billion stake in EV maker Leapmotor

Stellantis gains foothold in China with $1.6 billion stake in EV maker Leapmotor

Thu, Oct 26, 2023

The group, whose brands include Fiat and Peugeot, said a year ago it was closing its joint venture that makes Jeeps in China with Guangzhou Automobile Group amid disappointing results.

Asian stocks recover on China spending plans; inflation jolts Aussie

Asian stocks recover on China spending plans; inflation jolts Aussie

Wed, Oct 25, 2023

China's top parliament approved a 1 trillion yuan ($137 billion) bond issue, state media reported, adding the funds would be spent rebuilding disaster zones and improving infrastructure.

China's defence ministry blasts Pentagon's annual report

China's defence ministry blasts Pentagon's annual report

Wed, Oct 25, 2023

The Pentagon said China has more than 500 nuclear warheads and will probably have more than 1,000 warheads by 2030.

China, US officials discuss macroeconomic developments in meeting

China, US officials discuss macroeconomic developments in meeting

Tue, Oct 24, 2023

Ties between the world's two largest economies have been strained in recent years due to a number of issues including Taiwan, the origins of the COVID-19 pandemic, allegations of spying, human rights issues and trade tariffs.

Australia PM to visit China, taking steps to resolve wine dispute

Australia PM to visit China, taking steps to resolve wine dispute

Sun, Oct 22, 2023

The move is the latest in a diplomatic thaw between the two countries that has already seen China lift restrictions on imports of Australian commodities such as coal, timber and barley worth billions of dollars.

Another ASML tool hit by US export curbs, China at 46% of sales

Another ASML tool hit by US export curbs, China at 46% of sales

Thu, Oct 19, 2023

Trade Minister Liesje Schreinemacher said on Thursday that the Netherlands shares U.S. security concerns.

Chinese-owned pork producer Smithfield prepares for US listing -WSJ

Chinese-owned pork producer Smithfield prepares for US listing -WSJ

Thu, Oct 19, 2023

Smithfield and WH Group did not immediately respond to a Reuters request for comment.

China's Q3 GDP growth, September activity show economic recovery gaining traction

China's Q3 GDP growth, September activity show economic recovery gaining traction

Wed, Oct 18, 2023

On a quarter-by-quarter basis, GDP grew 1.3 per cent in the third quarter, accelerating from a revised 0.5 per cent in the second quarter and above the forecast for growth of 1.0 per cent.

IMF says China property slowdown will weigh on Asia's growth

IMF says China property slowdown will weigh on Asia's growth

Wed, Oct 18, 2023

The report projected that a prolonged housing market correction in China would in the near term "trigger greater financial stress among property developers and larger asset quality deterioration".

China's Q3 GDP grows 4.9%, above market forecast

China's Q3 GDP grows 4.9%, above market forecast

Wed, Oct 18, 2023

On a quarter-by-quarter basis, GDP grew 1.3 per cent in the third quarter, accelerating from a revised 0.5 per cent in the second quarter, and the rate was above the forecast for growth of 1.0 per cent.

Rio Tinto cuts Canada iron ore production estimate on extended plant outage

Rio Tinto cuts Canada iron ore production estimate on extended plant outage

Tue, Oct 17, 2023

Rio reported a 1.2 per cent rise in its third-quarter iron ore shipments, as it ramped up production at the Gudai-Darri mine. It shipped 83.9 mt of iron ore from Pilbara in the September quarter, compared with 82.9 mt a year earlier.

Country Garden's entire offshore debt to be in default if Tuesday payment not made

Country Garden's entire offshore debt to be in default if Tuesday payment not made

Tue, Oct 17, 2023

Country Garden has also missed other offshore payments in the past few weeks though those payments still have not seen their 30-day grace periods lapse.

Putin to visit China to deepen 'no limits' partnership with Xi

Putin to visit China to deepen 'no limits' partnership with Xi

Sun, Oct 15, 2023

Putin and Xi share a broad worldview, which sees the West as decadent and in decline just as China challenges U.S. supremacy in everything from quantum computing and synthetic biology to espionage and hard military power.

India accuses China's Vivo of visa violations, siphoning off $13 billion

India accuses China's Vivo of visa violations, siphoning off $13 billion

Thu, Oct 12, 2023

India bars foreigners from entering or staying in the areas of Ladakh and parts of Jammu and Kashmir it has designated as "protected", unless they have a permit from the authorities - a document that is separate from a visa.

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