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Xi Jinping tells politburo China needs financial regulations with teeth

Monday's Politburo meeting also reviewed measures to promote development of six central provinces including Shanxi, Anhui and Henan

Anil Agarwal's Vedanta considering $1 bn share sale in coming weeks

Shares of Vedanta have gained 78% this year, giving the company a market value of about $20.6 billion

China creates $47.5 billion semiconductor fund to back nation's firms

The latest investment vehicle, known as Big Fund III, underscores a renewed push from Xi Jinping's government to build its own semiconductor industry as tensions with the US escalate

Bullish sentiment on dollar retreat as US economic print cools: CFTC data

During this period, US monthly inflation data cooled for the first time in six months, while retail sales stagnated in April, boosting odds for Federal Reserve interest rate cuts

Hyundai Motor adds Kotak, Morgan Stanley for possible record India IPO

Hyundai Motor India Ltd. plans to file for an IPO in June, International Financing Review reported earlier Monday, when it also said Kotak and Morgan Stanley were joining the syndicate

Indian bonds best bet in Asia for JPMorgan asset before inclusion

JPMorgan Asset joins a slew of global investors, including Abrdn Plc and Zurich-based Vontobel Asset Management, in turning to Indian bonds ahead of their inclusion

President Xi's China EV dream comes true, 10 years on, walls going up

China has become the world's largest auto market and sells more electrified vehicles than any other country, with 9.5 million cars delivered last year

State-owned companies outperform pvt firms, here's why it's a problem

State firms have done better than India's benchmark Sensex index for three years straight, and look likely to do so again this year

Blistering summer helps Varun Bev, Havells, Voltas, others improve earnings

Heat waves are accelerating the penetration of many cooling products like air conditioners and refrigerators, an industry expert said

Ambani sets sights on African telecom market, plans to develop 5G infra

Radisys Corp., a unit of Ambani-controlled Reliance Industries Ltd., will provide key network infrastructure, applications and smartphones for Ghana-based Next-Gen InfraCo

India, Indonesia stand out for emerging market investors in ageing world

The investors are focusing on the two nations in emerging Asia, thanks in part to an expected boom in infrastructure spending, which in turn bodes well for the countries' economies

Rishi Sunak's national service plan faces enforcement, funding questions

Sunak is hoping that, if he can't beat Labour leader Keir Starmer, he can at least save the Conservatives from a historic wipeout, his allies have told Bloomberg

Fed's favourite underlying inflation gauge cools, shows modest relief

Economists expect the personal consumption expenditures price index minus food and energy, due on Friday, to rise 0.2 per cent in April

Tesla shareholders should reject CEO Musk's pay package, says Glass Lewis

The recommendation to large institutional investors may sway their vote over Musk's pay at the carmaker's June 13 annual meeting

US won't finalise global tax deal until India, China resolve issues: Yellen

'India, in particular, has been a holdout and China has not really engaged very much in these negotiations at all,' Yellen told reporters Sat on the sidelines of a G7 finance minsters meeting in Italy

LS polls 2024: AAP, Cong join hands in hopes of unseating PM Modi In Delhi

In his campaign rallies, Kejriwal has tried to highlight bread and butter issues to supporters

Secret billionaire unmasked in Kazakhstan's fraud hunt caused by riots

Kazakhstan is on a mission to uproot corruption because it's holding back economic development, said Askhat Zhumagali, head of the anti-corruption agency that oversees the crackdown

President Biden to end tariff exclusions on hundreds of Chinese products

Some of the products receiving continued exclusions through next May include types of motors and medical equipment, but the products are as varied as child safety seats

Anti-Israel boycotts hurting McDonald's, KFC in West Asia and Europe

McDonald's became a target of boycotts after photos and videos on social media showed its franchised stores in Israel giving meals to the nation's soldiers following the October 7 attack

Adani Enterprises recovers all stock mkt losses sparked by Hindenburg

The flagship's stock rose 1.7% to 3,445.05 in Mumbai on Friday and has now almost tripled since its nadir in February 2023