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India
ICICI Prudential launches 'India Recovery Fund'
ICICI Prudential Mutual Fund (MF) has launched ICICI Prudential ‘India Recovery Fund -Series 4’, a three-year (1099 days) close-ended equity fund that aims at providing capital appreciation by investing in equity and equity-related securities that are likely to benefit from recovery in the Indian economy.
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India
Sebi sets up task force to review risk management
Markets regulator Securities and Exchange Board of India has set up a task force to review the existing risk-management norms for national level commodity bourses following the suspension of futures trading for castor seed on NCDEX. The task force has been asked to submit the report in three weeks.
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India
Sensex tumbles 316 points, down for 3rd day
Equities remained under pressure for a third day as the BSE Sensex saw a deep plunge, falling by 316 points to end at a two-week low of 24,223.32 on sustained foreign fund outflows amid global rout on renewed concerns over slowing growth after oil prices resumed slide.
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India
Services growth hits 19-month high in January: PMI survey
India's services sector activity touched a 19-month high in January driven by strengthening underlying demand and improved weather conditions, a monthly survey showed on Wednesday. The survey respondents were also bullish about the output growth.
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Cina India Indonesia Filippine
Paper firms fear more dumping from China and Indonesia
Firms attribute concerns to high countervailing duty in the US, India-Asean FTA
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India
India's services PMI at 19-month high in January
The Purchasing Managers' Index increases to 54.3 in January from 53.6 in December
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India
Growth in India's services activity at 19-month high in January
Nikkei/Markit Services PMI rises to 54.3 in January on accelerated demand
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Giappone
Bank of Japan probing media report that predicted shock stimulus
The Bank of Japan said Wednesday it was investigating a high-profile media report that revealed it was mulling a negative interest rate policy just before it made the formal announcement. The country’s leading Nikkei business daily published its story online Friday, several minutes before the central bank shocked markets with ...
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Cina Giappone
Panasonic cuts full-year earnings outlook amid China slowdown
Panasonic Corp. cut on Wednesday its full-year earnings forecasts, hit by the slowing of the Chinese economy and other emerging markets. For the year through March 31, Panasonic now expects an operating profit of ¥410 billion ($3.4 billion), compared with ¥430 billion projected earlier, on sales of ¥7.55 trillion, down ...
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Giappone
More Toyota plants to go offline due to parts shortage
Toyota said Wednesday that all its domestic parts plants would shut for a full day next week, expanding a production suspension that is set to be its longest since the March 2011 earthquake and tsunami disaster. Toyota said earlier this week that it would temporarily stop vehicle production in Japan ...