China Markets Crash
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Wall Street Down on China Markets Turmoil, Oil Slide
US stocks were sharply lower on Thursday as market volatility in China and a relentless slide in oil prices unnerved investors, extending the shaky start to the year.
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China Lifts Brokerage Curb in Sign of Market Confidence
In a sign of growing confidence that China's stock markets are stabilising, the country's securities regulator has lifted an order that required brokerages each day to buy more shares than they sell for any proprietary trading.
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MFs Net Buy Shares Worth Rs 8,700 Cr in September
Mutual fund managers continued their shopping spree in September, net buying shares worth close to Rs 8,700 crore amid sluggish equity market trends.
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China to Promote Equity Crowdfunding to Support Start-Ups
China will promote greater use of equity crowdfunding for start-ups to encourage entrepreneurship in the world's second-largest economy, a cabinet document said on Saturday.
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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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Not to be Impacted by Yuan Devaluation: Havells India
Electrical goods maker Havells India has said that devaluation of the yuan would not impact its business as exports form only 10 per cent of its total sales.
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China Banks Warn of Rising Bad Loans as Economy Slows
China's largest banks warned of a tough year after posting their weakest half-yearly profit growth in at least six years as a slowing economy forces the lenders to make even more provisions for soured loans and squeezes interest income.
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Brace for Quantitative Tightening as China Leads Forex Reserves Purge
Faith in the power of "quantitative easing" has prompted central banks, led by the Federal Reserve, to pump trillions of dollars of stimulus into the global financial system to cushion the impact of the 2007-08 market crisis and recession.
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Wall Street Lower as Investors Wary After Hectic Week
Wall Street opened lower on Friday, suggesting investors were wary of taking big positions into the weekend after days of tumultuous trading that featured both the market's worst day in four years and biggest two-day gain since the financial crisis.
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China Shares Rise Sharply on Signs of Fresh Government Support
China stocks jumped more than 4 per cent for a second straight day on Friday as signs of fresh support from Beijing prompted more bargain hunting following the earlier plunge that panicked global markets.
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Don't Blame Yuan Devaluation for Global Market Rout: China Central Bank Official
China's devaluation of its yuan currency should not be made a scapegoat for the recent global stock market rout, a senior Chinese central bank official told Reuters on Thursday.
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India Can Replace China as Driver of Global Growth: Jaitley
Seeing an opportunity in the recent turmoil in global equity and currency markets, Finance Minister Arun Jaitley on Thursday said India, with a growth rate of 8-9 per cent, can replace China as the driver of world economy.
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ICICI Bank Chief Confident Economy Can Tide Over China-Driven Crisis
Attributing the ongoing market carnage to global cues, ICICI Bank chief Chanda Kochhar on Wednesday said the country has many positives like high forex reserves, and low current account and fiscal gaps, which can help it weather the ongoing volatilities.
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India Well Positioned to Get Through Global Turbulence: Jayant Sinha
As the stock markets bounced back after a day of bloodbath, the government on Tuesday said India is well positioned to get through the global financial crisis and is seizing on it as an opportunity to ensure it becomes the fastest growing large economy in the world.
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Global Market Turmoil an Opportunity to Grow: Jaitley
Asserting that the global market turmoil was not a cause of "worry" for India, Finance Minister Arun Jaitley on Tuesday said the crisis should be converted into an "opportunity" to grow by speeding up the reforms.
-
Wall Street Down on China Markets Turmoil, Oil Slide
US stocks were sharply lower on Thursday as market volatility in China and a relentless slide in oil prices unnerved investors, extending the shaky start to the year.
-
China Lifts Brokerage Curb in Sign of Market Confidence
In a sign of growing confidence that China's stock markets are stabilising, the country's securities regulator has lifted an order that required brokerages each day to buy more shares than they sell for any proprietary trading.
-
MFs Net Buy Shares Worth Rs 8,700 Cr in September
Mutual fund managers continued their shopping spree in September, net buying shares worth close to Rs 8,700 crore amid sluggish equity market trends.
-
China to Promote Equity Crowdfunding to Support Start-Ups
China will promote greater use of equity crowdfunding for start-ups to encourage entrepreneurship in the world's second-largest economy, a cabinet document said on Saturday.
-
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.
-
Not to be Impacted by Yuan Devaluation: Havells India
Electrical goods maker Havells India has said that devaluation of the yuan would not impact its business as exports form only 10 per cent of its total sales.
-
China Banks Warn of Rising Bad Loans as Economy Slows
China's largest banks warned of a tough year after posting their weakest half-yearly profit growth in at least six years as a slowing economy forces the lenders to make even more provisions for soured loans and squeezes interest income.
-
Brace for Quantitative Tightening as China Leads Forex Reserves Purge
Faith in the power of "quantitative easing" has prompted central banks, led by the Federal Reserve, to pump trillions of dollars of stimulus into the global financial system to cushion the impact of the 2007-08 market crisis and recession.
-
Wall Street Lower as Investors Wary After Hectic Week
Wall Street opened lower on Friday, suggesting investors were wary of taking big positions into the weekend after days of tumultuous trading that featured both the market's worst day in four years and biggest two-day gain since the financial crisis.
-
China Shares Rise Sharply on Signs of Fresh Government Support
China stocks jumped more than 4 per cent for a second straight day on Friday as signs of fresh support from Beijing prompted more bargain hunting following the earlier plunge that panicked global markets.
-
Don't Blame Yuan Devaluation for Global Market Rout: China Central Bank Official
China's devaluation of its yuan currency should not be made a scapegoat for the recent global stock market rout, a senior Chinese central bank official told Reuters on Thursday.
-
India Can Replace China as Driver of Global Growth: Jaitley
Seeing an opportunity in the recent turmoil in global equity and currency markets, Finance Minister Arun Jaitley on Thursday said India, with a growth rate of 8-9 per cent, can replace China as the driver of world economy.
-
ICICI Bank Chief Confident Economy Can Tide Over China-Driven Crisis
Attributing the ongoing market carnage to global cues, ICICI Bank chief Chanda Kochhar on Wednesday said the country has many positives like high forex reserves, and low current account and fiscal gaps, which can help it weather the ongoing volatilities.
-
India Well Positioned to Get Through Global Turbulence: Jayant Sinha
As the stock markets bounced back after a day of bloodbath, the government on Tuesday said India is well positioned to get through the global financial crisis and is seizing on it as an opportunity to ensure it becomes the fastest growing large economy in the world.
-
Global Market Turmoil an Opportunity to Grow: Jaitley
Asserting that the global market turmoil was not a cause of "worry" for India, Finance Minister Arun Jaitley on Tuesday said the crisis should be converted into an "opportunity" to grow by speeding up the reforms.
