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Kamala Harris becoming President would be an insult to US, says Donald Trump
"People don't like her (US Democratic vice presidential nominee Kamala Harris)--nobody likes her. She can never be the first woman president of the US. It will be an insult to our country," he added.
Who wins, post pandemic? It’s not going to be either the US, or China
This mirror image of America under President Donald Trump is Germany un...
China rally triggers gains in European cyclical stocks
The German DAX, London's FTSE 100 and France's CAC 40 all rose about 2%.
Indian economy in deep trouble: S&P
Indian economy is in deep trouble with growth expected to contract by 5 per cent this fiscal, S&P has said.
5 new money rules for households to navigate current pandemic-hit economy
There is no cause for euphoria or the calculation that a boom is right around the corner. A period of prolonged pain, somewhat comforted by innovation in solving for the new normal, is what we should expect. But the question is how households should navigate these times.
India looks inward to save economy as crisis bites
Modi has little choice but to focus on manufacturing, given the slump in the services sector.
What else could go wrong for world economy before 2020 is done
The concerns are multiple. The coming northern winter may trigger another wave of the virus as the wait for a vaccine continues. Government support for furloughed workers and bank moratoriums on loan repayments are set to expire. Strains between the U.S. and China could get worse in the run-up to November’s presidential election, and undermine business confidence.
European shares slip as US-China tensions, poor earnings weigh
The pan-European STOXX 600 fell 0.7% by 0717 GMT after closing at a five-week high in the previous session.
Wuhan shows world how economies may recover after the virus
The trajectory of Wuhan’s economy shows post-virus recovery will be rapid on a two-track path, expert says.
German laser tech company Mynaric says government blocked exports to China
It said it received a notification "that clearly prohibits Mynaric from delivering laser communication hardware to China." Asked on Monday about the company's announcement, Economy Ministry spokesman Korbinian Wagner had no immediate comment and said the government typically doesn't confirm, deny or comment on individual cases.
China shares end lower as investors book profits, uncertainty looms
At the close, the Shanghai Composite index was down 0.83 per cent at 3,414.62.
Fund managers must redraw strategy, spot new stocks for growth: Kamath
'India is a far better place than what it was in 2000. Debt-to-equity ratio of Sensex companies, which is a bunch to large corporate houses, was at 3.8:1 back then.'
BRICS nations stress on improving environment, promoting circular economy to recover from COVID-19 effects
The environment ministers of BRICS countries -- Brazil, Russia, India, China and South Africa -- participated in a meeting through video conference under the presidency of Russia on Thursday. At the Sixth BRICS Environment Ministers' Meeting, the nations acknowledged that COVID-19 has heightened social vulnerabilities and resulted in significant job losses.
China stocks post biggest monthly rise in 17 months amid coronavirus uncertainty
SEC gains 0.71 per cent, CSI300 up 0.84 per cent, SSEC gains 10.9 per cent in July, CSI300 up 12.8 per cent, biggest monthly rises since April 2015.
Japan's economy shrinks at record rate, slammed by pandemic
Japanese media reported the latest drop was the worst since World War II. But the Cabinet Office said comparable records began in 1980. The previous worst contraction was in 2009, during the global financial crisis of 2008-2009.