Us China Trade Tensions
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Oil jumps as coronavirus lockdowns ease, boosting hopes for demand pickup; rising Sino-US tensions likely to cap gains
•Amid quiet trading, with financial centres Singapore, London and New York all closed for holidays, Brent was up 6 cents, or 0.2 percent, at $35.19 a barrel.
Nasdaq to tighten listing rules, restrict Chinese IPOs due to escalating tensions between US-China over trade: Report
•Nasdaq Inc is set to unveil new restrictions on initial public offerings (IPOs), a move that will make it harder for some Chinese companies to debut on its stock exchange, people familiar with the matter said on Monday
Markets end on flat note: Sensex erases early gains after a choppy session, Nifty slips; M&M top loser
Fp Staff •Sensex ended marginally lower after a choppy session on Friday as investors weighed the fiscal impact of the government''s economic stimulus.
Oil prices slide over US-China tensions; resumption of trade war could crimp economic recovery, oil price gains
•The market found support last week as major oil producers led by Saudi Arabia and Russia were set to begin cutting production on 1 May,
Union minister Ravi Shankar Prasad to meet electronics industry CEOs to discuss sector issues, export ambitions
•The government will meet CEOs and top brass of electronics and smartphone makers, including Apple and Samsung, on 16 September to discuss challenges being faced by them and incentives and schemes that can be offered to position India as the 'electronics factory' of the world
Gold prices gain on concerns over global economy, US-China trade tensions
•Gold rose on Wednesday, supported by lingering concerns over the global economy and U.S.-China trade tensions, but still held close to a four-week low touched the last session amid a broader uptick in risk-sentiment ahead of major central bank meetings
Gold surges to fresh all-time high of Rs 38,470, silver crosses Rs 44,000-mark amid ongoing Sino-US trade tensions
•Globally, spot gold was trading marginally lower $1,497.40 an ounce in New York, while silver was trading at $17.16 an ounce.
Gold surges to record high of Rs 36,970 per 10 gram on Sino-US trade tensions; silver soars Rs 1,000
•Experts said gold reaching its highest level since May 2013 due to the US-China tensions and increased demand by local jewellers were the factors that propelled the yellow metal to record high level.
Huawei says patent talks with Verizon is just a 'common' business activity
•Analysts have said Huawei may be more inclined to monetize its U.S. patents now.
Broadcom sales would see $2 billion knocked off thanks to US-China trade war
•Broadcom is known for communications chips that power Wi-Fi, Bluetooth and GPS connectivity.