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All Stories for Us China Trade Deal
China's economy slumps to 6.1% in 2019, lowest in 29 years; weak domestic demand, trade war with US take toll on world's second-largest economy
•In 2018, China's economy sank to a 28-year low slowing down to 6.6% year on year, lower than the 6.8% growth registered in 2017 as it grappled with the continued slowdown amid the trade war with US and declining exports.
Rupee falls 11 paise to 70.93 amid steady rise in oil prices, dollar demand; pares early gains despite Sino-US trade deal
•At the interbank foreign exchange market, the rupee opened on a strong note at 70.80 a dollar.
Concerns linger after US signs initial trade deal with China; analysts question Beijing’s ability to divert imports from other partners to Washington
•China will boost purchases of US goods and services by $200 billion over two years in exchange for the rolling back of some tariffs under an initial trade deal signed by the world’s two largest economies, defusing an 18-month row that has hit global growth
US signs trade deal with China; agreement will lead to 'more stable peace throughout the world', says Donald Trump
•The agreement is intended to ease some US economic sanctions on China while Beijing would step up purchases of American farm products and other goods
Rupee falls 14 paise, slips below 71 against dollar in early trade amid concerns over US-China trade deal
•At the interbank foreign exchange, the rupee opened weak at 71.01, showing a decline of 14 paise over its previous closing.
Gold prices decline Rs 236 to Rs 40,432 per 10 gram on global selling, stronger rupee; silver drops too
•Gold and silver in the international market were also trading lower at $1,550 per ounce and $ 17.97 per ounce, respectively.
Sensex jumps over 200 points, Nifty rises 60 points in early trade; Kotak Bank, HCL Tech, Bharti Airtel rally
Fp Staff •In the previous session, Sensex rallied 634.61 points, or 1.55 percent, to end at 41,452.35, and Nifty surged 190.55 points, or 1.58 percent, to 12,215.90.
Rupee starts New Year on positive note, rises 7 paise to 71.29 against dollar on US-China trade deal hopes
•Traders said the rupee gained support amid positive developments on the US-China trade deal front.
Sensex jumps over 150 points in opening session, Nifty up; RIL, SBI, HDFC top gainers amid positive global cues
Fp Staff •The Sensex was trading 161.85 points or 0.39 percent higher at 41,325.61, and the broader NSE Nifty rose 57.70 points or 0.48 percent to 12,184.25.
Sensex, Nifty flat in early trade ahead of December derivatives contracts expiry; Bharti Airtel, Bajaj Auto among top losers
Fp Staff •Bharti Airtel was the top loser in the Sensex pack, shedding up to 0.73 percent, followed by Bajaj Auto, ONGC, RIL, Sun Pharma, Axis Bank, PowerGrid, Infosys and HDFC Bank.