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China posts first GDP decline on record as coronavirus cripples economy
The pandemic has infected more than 2 million globally and killed more than 130,000. China, where the virus first emerged, has reported more than 3,000 deaths although new infections have dropped significantly from their peak.
India to post strong enough growth pick up in second half of 2020: Moody's
China, India and Indonesia will be the only G-20 emerging economie...
View From New York: The Future is what it is!
Though the view from New York is that India’s first quarter GDP may be worse than expected, as ...
Significant demand from China to boost Zinc prices
Falling Zinc production amid significant growth in demand from China might continue to support the prices.
China sharply expands mass labor program in Tibet
China is pushing growing numbers of Tibetan rural laborers off the land and into recently built military-style training centers where they are turned into factory workers, mirroring a program in the western Xinjiang region that rights groups have branded coercive labor.
China factory output flat, retail sales slip in July
The data reported on Friday show that despite a rebound in Chinese exports, overall domestic demand in the world's second-largest economy remains lackluster. Massive flooding across much of the south of the country also has hurt both production and consumer demand, though it pushed food prices sharply higher.
Greater acceptance of multipolarity, mutuality key to more settled Sino-India ties: Jaishankar
In his recently-released book "The India Way: Strategies for an Uncertain World", he also says that India is not the only country focused on coming to terms with China as the entire world is doing so, each nation refashioning its terms of engagement in its own way. The external affairs minister, however, had written this book before the military standoff in eastern Ladakh began in early May.
Chinese Communist Party applies unfair means to hijack global order
Scholars recently gathered together to discuss the emerging threat to the world order by the Chinese Communist Party in a webinar titled ‘Chinese Communist Party: An Existential Threat to Humanity and the Rules-based World Order’.
China shares regain ground as data signals firm economic rebound
The Shanghai Composite index was up 0.26% at 3,205.23 and the blue-chip CSI300 index was up 0.51%.
By this measure, China’s Yuan is best-placed since 2012 rally
The onshore currency’s 50-day moving average has fallen below its 200-day mean, completing the so-called golden cross pattern that some analysts interpret as a sign that a rally will continue.
S&P 500, Nasdaq close at record highs on trade, vaccine developments
That split, which will reduce Apple's weight in the Dow, prompted a reshuffle in the blue-chip industrial average, with Salesforce.com replacing Exxon Mobil Corp, Amgen Inc taking Pfizer Inc's spot, and Raytheon Technologies Corp ousted by Honeywell International Inc .
Asian economies stand to win some and lose some as Covid accelerates a shift in supply chains: Moody's
While countries look to reduce their reliance on a single supplier, much to the benefit of export-oriented Asian economies other than China, localisation of productive capacity, especially in strategic sectors like pharmaceuticals, will have negative effects for Asian producers, Moody's said.
Asian markets mixed as US-China tensions offset stimulus hope
Optimism over the development of a vaccine and a wall of government and central bank cash is providing much-needed support to equities as traders fret over a spike in new infections around the world and the reimposition of containment measures in the US and other key economies.
Rupee opens 11 paise higher at 73.44 against dollar
On the domestic front, market participants will be keeping an eye on the industrial production number that will be released on Friday and the weaker-than-expected number could keep gains capped for the currency.
India attractive proposition for UK businesses exploring alternative to China: UKIBC
With the UK forging a new trading relationship with the world into 2021 and India establishing itself as a major global player, India is a key priority for trade and investment of the UK government and businesses, the UKIBC Group CEO stressed. The bilateral trade between the two countries stood at USD 15.5 billion in 2019-20 as against USD 16.87 billion in the previous fiscal.
