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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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Shares climb to 3-week high as rates debate hots up

Shares climb to 3-week high as rates debate hots up

Thu, Oct 12, 2023

U.S. Fed Governor Christopher Waller on Wednesday said higher market interest rates may help the Fed slow inflation and allow the central bank to "watch and see" if its own policy rate needed to rise again or not.

China saves billions of dollars from record-sanctioned oil imports

China saves billions of dollars from record-sanctioned oil imports

Wed, Oct 11, 2023

China shipped in a record 2.765 million barrels per day (bpd) of crude by sea from Iran, Russia and Venezuela in the first nine months of 2023, according to an average of data provided by tanker trackers Vortexa and Kpler.

IMF cuts China growth forecast amidst its real estate crisis

IMF cuts China growth forecast amidst its real estate crisis

Wed, Oct 11, 2023

Global economic activity bottomed out at the end of last year while inflation is gradually being brought under control.

China's Country Garden warns it could fail to pay offshore debt obligations

China's Country Garden warns it could fail to pay offshore debt obligations

Tue, Oct 10, 2023

Country Garden said it had appointed Houlihan Lokey, China International Capital Corporation (CICC) and law firm Sidley Austin as advisers to examine its capital structure and liquidity position.

China funds look to Mideast cash as US investments wane

China funds look to Mideast cash as US investments wane

Tue, Oct 10, 2023

Mideast investors are also keen to allocate more resources to China as they can benefit from lower valuations and the effects of government stimulus to support the recovery.

China's Country Garden faces fresh debt payments, could announce restructuring soon

China's Country Garden faces fresh debt payments, could announce restructuring soon

Mon, Oct 09, 2023

China's average daily home sales based on floor area during the Golden Week holiday were down 17 per cent from a year ago, according to China Index Academy on Saturday.

Tesla's China-made EV sales volume falls 10.9% year-on-year in September

Tesla's China-made EV sales volume falls 10.9% year-on-year in September

Sun, Oct 08, 2023

The company missed market estimates for third-quarter global deliveries on October 2 as planned upgrades at its factories to roll out a newer version of the Model 3 mass-market sedan forced production halts.

Volvo Cars September sales rise 25%, demand up in China

Volvo Cars September sales rise 25%, demand up in China

Thu, Oct 05, 2023

Shares in Volvo Cars, which targets double-digit retail sales growth for the full year, were up 2 per cent in early trade.

Apple enforces new check on apps in China as Beijing tightens oversight

Apple enforces new check on apps in China as Beijing tightens oversight

Tue, Oct 03, 2023

Chinese regulators last week released names of the first batch of mobile app stores that have completed app filings, but Apple's App Store was not among those on the list.

At WTO, growing disregard for trade rules shows world is fragmenting

At WTO, growing disregard for trade rules shows world is fragmenting

Tue, Oct 03, 2023

One Geneva-based WTO delegate said it seemed the Biden administration did not believe further trade liberalisation was in U.S. interests, a belief that may be solidified in 2024, a presidential election year.

Evergrande shares volatile as trade resumes amid chairman probe

Evergrande shares volatile as trade resumes amid chairman probe

Tue, Oct 03, 2023

The stock was last trading up 33 per cent at HK$0.42, having lost around three-quarters of its value since August.

How China-West tensions will shape global markets

How China-West tensions will shape global markets

Mon, Oct 02, 2023

India's central bank forecasts that the economy will expand 6.5% this fiscal year, while China is expected to grow around 5% this year.

Germany welcomes China's support for G20 debt restructuring framework

Germany welcomes China's support for G20 debt restructuring framework

Mon, Oct 02, 2023

The meeting took place in Frankfurt, as Germany want to further strengthen this city as an European hub for financial services, the finance minister said.

Tesla launches updated Model Y in China, keeps starting price unchanged

Tesla launches updated Model Y in China, keeps starting price unchanged

Sun, Oct 01, 2023

Tesla unveiled a restyled Model 3 with a longer driving range, manufactured at its Shanghai factory, in China and other export markets in early September.

China's factory activity expands for first time in six months, in latest sign economy is recovering

China's factory activity expands for first time in six months, in latest sign economy is recovering

Sat, Sep 30, 2023

According to the government statistics bureau and an official industry group, the monthly purchasing managers' index rose to 50.2 this month from 49.7 in August measured on a 100-point scale. Numbers above 50 indicate activity is increasing.

China lists mobile app stores that comply with new rule, but Apple missing

China lists mobile app stores that comply with new rule, but Apple missing

Wed, Sep 27, 2023

Apple's App Store is not among the app stores on the list. Apple did not immediately respond to Reuters' request for comment.

China's industrial profits extend slump for January-August, but pace of downturn eases

China's industrial profits extend slump for January-August, but pace of downturn eases

Wed, Sep 27, 2023

Afghanistan has been articulated in Security Council Resolution 2593, which was adopted on August 30, 2021, following the fall of Kabul and the subsequent Taliban takeover.

Ford pauses work on $3.5 billion battery plant in Michigan

Ford pauses work on $3.5 billion battery plant in Michigan

Tue, Sep 26, 2023

Ford has been awaiting guidance to determine if batteries operated by the Marshall plant would run afoul of the requirements.

China could do 'a lot' to reduce EU perception of risk -EU trade chief

China could do 'a lot' to reduce EU perception of risk -EU trade chief

Mon, Sep 25, 2023

Europe's economic ties with China are deep, but China "could do a lot to help reduce our perception of risk," Trade Commissioner Valdis Dombrovskis said in a speech delivered at the Tsinghua University in Beijing.

DGTR suo-motu probing alleged dumping of three Chinese goods; to protect MSMEs from cheap imports

DGTR suo-motu probing alleged dumping of three Chinese goods; to protect MSMEs from cheap imports

Sun, Sep 24, 2023

On unframed glass mirrors, representation was received from All India Mirror Manufacturers Association.

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