ECONOMY OF CHINA
China’s biggest stock listing in years barely gains on debut
State-owned Postal Savings Bank of China rose only as much as 2.7% on its first day in Shanghai.
Most foreign funds not massively overweight on India: Ayon Mukhopadhyay, IIFL Securities
Reforms in the NBFC sector can increase the GDP by 1...
BOJ deputy governor warns of risks, signals easy policy bias
BOJ will focus on risks to the economy as uncertainty over soft global demand cl...
Pakistan, Asian Development Bank sign loan agreement worth USD 1.3 billion
On Friday, the bank said it has approved a USD 300 million policy-based loan that will help Pakistan to address financial sustainability, governance, and energy infrastructure policy constraints in country's energy sector.
FOMC outcome: US Federal Reserve leaves rates unchanged, hints at no cuts in 2020
The Federal Reserve left interest rates unchanged and signaled it would keep them on hold through 2020 amid a solid economy, sticking to the...
The $11 trillion EM rally has big backing for 2020
The US-China trade dispute that dictated market moves throughout 2019 will remain the biggest driving force.
Asian shares climb on dovish Fed, but Brexit hurdle looms
The S&P 500 rose 0.29 per cent on Wednesday after the Fed's rate decision.
The next booster shot to revive economy may not be far away
Going by what the indicators are showing so far, third quarter doesn't hold any hopes of revival.
Sensex, Nifty flat as investors await clarity on US-China trade deal
Among the sectoral indices on NSE, Nifty IT was the biggest loser.
China says it will continue 'training' Xinjiang people
In a press conference, Shohrat Zakir, chairman of the far-west region, rejected the estimates by rights groups and foreign experts that over a million Uighurs and other mostly Muslim minorities are kept at the camps.
October IIP contracts 3.8 per cent
In terms of industries, eighteen out of the twenty-three industry groups (as per 2-digit level of National Industrial Classification-2008) in the manufacturing sector have shown negative growth during the month of October 2019 as compared to the corresponding month of the previous year.
Copper scales 4-1/2-month peak on China demand
Benchmark copper on the London Metal Exchange traded up 0.4 per cent at $6,012 a tonne in official rings.
Economic slowdown: Not worried over slow rate of GDP growth, says Ex-President Mukherjee
While addressing at the Indian Statistical Institute (IIS) in Kolkata on December 11, the former president of India Pranab Mukherjee said, "...
Hong Kong leader rules out protest concessions ahead of Beijing visit
In a rare lull in police-protestor clashes, around 800,000 people marched peacefully through the city’s streets on Sunday, urging the government to respond to their five demands — which include an independent inquiry into the police, an amnesty for those arrested, and fully free elections.
Pharma companies seek hike in drug rates under price control
Chinese API imports turn 200% costlier, making production costlier in India. Over 70% of the country’s total bulk drug requirement comes from China. These bulk drugs or active pharmaceutical ingredients (API) are used in producing medicines, including essential items like antibiotics, vitamins and folic acid.
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