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.
US Treasury drops China currency manipulator label ahead of trade deal signing; text of pact to be made public tomorrow
US Senate Democratic leader Chuck Schumer, a fierce critic of China currency and trade practices, blasted the Trump administration for its decision to “back down” from labeling China a currency manipulator.
Stock market investors become richer by Rs 1.81 lakh cr as Sensex surges 530 points to hit life-time high
Investor wealth rose Rs 1.81 lakh crore on Monday driven by a strong rally in the broader market where the BSE benchmark surged 530 points to hit a fresh closing high of 40,889.23
Sensex surges 530 points to scale new closing peak of 40,889, Nifty ends above 12,050; Bharti, Tata Steel among top gainers
Market benchmark Sensex on Monday surged 530 points to hit a fresh closing high of 40,889.23, driven by gains mainly in telecom, metal and auto stocks amid renewed optimism over US-China trade truce
Sensex surges over 300 points, Nifty above 12,000-mark on positive global cues; Infosys, Bharti Airtel among top gainers
Top gainers in the Sensex pack included Tata Steel which rose up to 2.48%, Bharti Airtel 2.30%, Infosys 1.33%, Sun Pharma 1.55%, Vedanta 1.27% and RIL 0.82%.
RCEP: Asia-wide trade pact on course despite doubts raised by India; committed to sign deal in 2020, says Thailand
RCEP includes the 10-member grouping of Southeast Asian nations, as well as China, South Korea, Japan, India, Australia and New Zealand.
Rupee retreats 31 paise to 70.87 against dollar amid foreign fund outflows; Sino-US trade concerns continue to linger
At the interbank foreign exchange market, the rupee opened on a strong note at 70.37, then lost ground and fell to an intra-day low of 70.88 against the American currency.
Rupee tumbles 67 paise against dollar in early trade; currency under pressure after tit-for-tat US-China tariff attacks
The rupee had appreciated by 38 paise to close at a two-week high of 71.42 against the US dollar on Friday
China, US kick off new round of tariffs against each other in bruising trade war; to meet for talks later this month
The Trump administration on Sunday began collecting 15 percent tariffs on more than $125 billion in Chinese imports
Gold rose more than 1 percent in the previous session as an inversion in the US yield curve and disappointing US economic data rekindled fears of a looming recession.
Sensex jumps over 150 points led by gains in L&T, ICICI Bank, SBI amidst positive domestic, global cues; IT firms among top losers
Top gainers in the Sensex pack in early trade on Tuesday included Tata Motors, SBI, Tata Steel, L&T, Axis Bank, Bajaj Finance, IndusInd Bank and NTPC, rising up to 2 percent.
Sino-US trade dispute: India should seize opportunities to increase exports in tariff-affected markets
The tariff war is set to create distortions in both regional and global value chains, and its adverse impact is likely to spread to other developing countries, worsening their existing balance of payment challenges.
Sensex, Nifty start on a positive note; bank stocks jump on fund infusion; SBI, Axis, ICICI bank among top gainers
Public sector bank stocks rose after the finance ministry on Wednesday announced infusion of Rs 48,239 crore in 12 PSBs this fiscal to help them maintain regulatory capital requirements and finance growth plans
Steven Mnuchin says US-China trade talks 'productive', but no decision on deadline extension announced
The US-China trade talks closed around mid-day on Friday and the delegations parted with nothing announced.
US-China trade talks in Beijing enter second day, Washington yet to decide on extending 2 March deadline
Business groups and economists say the two days of negotiations between the US and China, due to run through Friday, are too brief to resolve a sprawling dispute over Beijing's technology ambitions
US-China trade talks kick off in Beijing as March deadline looms; Donald Trump open to extending truce
Expectations for a trade deal have grown as China faces pressure from slowing economic growth and swooning global markets rattle Trump and his economic advisors.
Trade deficit lowest in 10 months, but flat export rates dampen Narendra Modi's bid to accelerate growth in election year
Exports of engineering goods, estimated to contribute more than one fifth of total exports, had fallen by more than 3 percent in December from the same period in the previous year.
Petrol price cut by 7 paise for fifth consecutive day, no change in diesel rate; crude falls 6% to lowest level in more than a year
Petrol price had slipped below Rs 70-mark in Delhi on Monday itself for the first time this year.
China and US begin talks to address trade differences, Donald Trump's concerns about intellectual property
Sharp differences remain between the two countries, but China has agreed to take a few measures like reducing auto tariffs and buying more American products.
G20 Summit: US-China dispute, Russia-Ukraine crisis, Jamal Khashoggi killing take precedence; Trump blocks progress on climate change
The whole point of the G20 — formed in the wake of the global financial crisis a decade ago — is finding ways to solve global problems together, but diplomats in Buenos Aires struggled to find enough things all the leaders agree on.