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Sensex Slips 1,000 Points A Day After Record Rally, Nifty Down 200 Points
Indian equity markets crashed this morning, a day after witnessing a record rally due to major geopolitical developments, including India and Pakistan agreeing to a ceasefire and the US and China striking a trade deal.
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India To Soon Top China Among Emerging Global Markets: Morgan Stanley
India is likely to soon overtake China as the most influential in a key emerging markets index, pulling in more foreign funds and adding fuel to a stock market rally that is "only past the halfway mark", Morgan Stanley said.
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Unisoc Said to Seek CNY 10 Billion Funding as China Boots Domestic Chip Sector
Unisoc (Shanghai) Technologies is seeking to raise CNY 10 billion (INR conversion) in a new funding round, three people with knowledge of the deal told Reuters. Unisoc has approached several state-backed investment funds for the round. The fundraising comes as China ramps up efforts to boost its domestic chip sector.
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China's Xi Jinping Says to Push Yuan Reform, FX Reserves Remain Ample: Report
China will push forward market-based reform of its currency regime and make the yuan convertible on the capital account over time, President Xi Jinping told the Wall Street Journal in an interview published on Tuesday.
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Sensex Slips 1,000 Points A Day After Record Rally, Nifty Down 200 Points
Indian equity markets crashed this morning, a day after witnessing a record rally due to major geopolitical developments, including India and Pakistan agreeing to a ceasefire and the US and China striking a trade deal.
-
India To Soon Top China Among Emerging Global Markets: Morgan Stanley
India is likely to soon overtake China as the most influential in a key emerging markets index, pulling in more foreign funds and adding fuel to a stock market rally that is "only past the halfway mark", Morgan Stanley said.
-
Unisoc Said to Seek CNY 10 Billion Funding as China Boots Domestic Chip Sector
Unisoc (Shanghai) Technologies is seeking to raise CNY 10 billion (INR conversion) in a new funding round, three people with knowledge of the deal told Reuters. Unisoc has approached several state-backed investment funds for the round. The fundraising comes as China ramps up efforts to boost its domestic chip sector.
-
China's Xi Jinping Says to Push Yuan Reform, FX Reserves Remain Ample: Report
China will push forward market-based reform of its currency regime and make the yuan convertible on the capital account over time, President Xi Jinping told the Wall Street Journal in an interview published on Tuesday.
