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India
Global headwinds to restrict India's GDP at 7.7% in FY17: Citi
Says 2016 is likely to be a year of consolidating a cyclical recovery amid a challenging global environment
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Cina Giappone Hong Kong
Yuan loan rates soar in Hong Kong as Beijing halts currency’s slide
Interbank yuan lending rates in Hong Kong climbed to records across the board after suspected intervention by China’s central bank last week mopped up supplies of the currency in the offshore market. The city’s benchmark rates for loans ranging from one day to a year all set new highs, with ...
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Giappone
VW CEO Mueller to submit remedy for fixing engine emissions problem to EPA chief
Volkswagen’s new chief executive plans to present remedies for fixing diesel engines that cheat on emissions tests when he meets with the top U.S. environmental regulator this week. CEO Matthias Mueller said that as of now VW has only given technical data to the Environmental Protection Agency and the California ...
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Cina Giappone
After China stock turmoil, U.S. could be next bearer of bad news
Tumult in China triggered the worst opening week for U.S. stocks in history, and this week investors could get plenty more to worry about. Profits are expected to drop at U.S. companies. Again. Earnings for companies in the Standard and Poor’s 500 index are forecast to drop for the second ...
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Cina
Markets to face slowing company profits after China tumult
Tumult in China triggered the worst opening week for U.S. stocks in history, and this week investors could get plenty more to worry about.
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India
Why Nifty companies may report best profit growth in past four quarters
Given the gradual recovery, observers are cautious about growth expectations as they want to avoid the flurry of earnings downgrades in the past quarters.
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Cina India
Sensex crashes to 19-month low, sinks 335 points on Asian cues
The benchmark BSE Sensex plunged over 335 points to hit a fresh 19-month low and the NSE Nifty crashed below the 7,500-mark in early trade on Monday. Brokers said sentiment dampened following other Asian markets amid unabated China fears which led to massive losses on global markets last week.
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India
Rupee drops 29 paise against dollar in early trade
The rupee was trading lower by 29 paise at 66.92 against the American currency in early trade on Monday at the Interbank Foreign Exchange market as the dollar strengthened overseas.
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Cina Giappone
Japanese-style food delivery gains ground among safety-conscious Chinese consumers
A Japanese-assisted home delivery service for organic vegetables is slowly gaining ground in China, building on local residents’ lack of trust in food safety and concerns about pollution. Through the service, consumers are connected by trust with farmers who produce vegetables without using agricultural chemicals or chemical fertilizers. Senior officials ...
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Giappone
‘Sanuki udon’ restaurants head overseas in bid to be next hit Japanese-style food
Sanuki udon noodle restaurant chains based in Kagawa Prefecture are starting to take their specialty overseas, especially to Asian markets, in hopes of winning local consumers over to a new category of Japanese food. Sanuki udon are thick noodles from Kagawa — Sanuki is the former name of the prefecture. ...