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How India's stock and bond markets are turning into an inexorable force

Overseas investors will still have to contend with government policies that benefit from Russia's invasion of Ukraine, especially the purchase of Russian oil at discounted prices

How India's stock and bond markets are turning into an inexorable force
Updated On : 16 Jan 2024 | 6:55 AM IST

KKR, Warburg plow into Asia data storage centers amid AI, cloud boom

Demand in Southeast Asia and North Asia is expected to expand about 25% a year through 2028, according to Cushman & Wakefield data. That compares with 14% a year in the US

KKR, Warburg plow into Asia data storage centers amid AI, cloud boom
Updated On : 15 Jan 2024 | 11:44 PM IST

China holds key interest rate as economy prepares for 'difficult year'

The People's Bank of China maintained the rate on its one-year policy loans on Monday, disappointing investors expecting the first trim since August

China holds key interest rate as economy prepares for 'difficult year'
Updated On : 15 Jan 2024 | 11:27 PM IST

Artificial intelligence will affect almost 40% of global jobs, says IMF

AI's income inequality effect will largely depend on how much the technology complements high earners

Artificial intelligence will affect almost 40% of global jobs, says IMF
Updated On : 15 Jan 2024 | 11:23 PM IST

Chinese govt bought Nvidia semiconductors chips despite US ban: Report

Neither Nvidia nor retailers approved by the company were among the suppliers, according to Reuters

Chinese govt bought Nvidia semiconductors chips despite US ban: Report
Updated On : 15 Jan 2024 | 11:05 PM IST

China chip imports suffer steepest decline on record after US restrictions

The value of integrated circuits imported by the world's largest semiconductor market fell 15.4% to $349.4 billion

China chip imports suffer steepest decline on record after US restrictions
Updated On : 15 Jan 2024 | 11:05 PM IST

Boeing to step up inspections of aircraft during production after blowout

Boeing will also bring in an outside party to review its quality controls and suggest improvements, he said, adding another layer of scrutiny to its manufacturing process

Boeing to step up inspections of aircraft during production after blowout
Updated On : 15 Jan 2024 | 10:45 PM IST

Qatar's $450 billion sovereign wealth fund won't abandon Canary Wharf

Canary Wharf has struggled since the pandemic led to a shift to flexible working, bringing in fewer workers to populate the desks of the large office blocks that dominate its skyline

Qatar's $450 billion sovereign wealth fund won't abandon Canary Wharf
Updated On : 15 Jan 2024 | 9:59 PM IST

WEF Davos 2024: China keeps weighing on world in view of economists

"China is a notable exception as weak consumption, lower industrial production and distress in property markets weigh on the prospects of a stronger rebound in 2024," the Forum said in its report

WEF Davos 2024: China keeps weighing on world in view of economists
Updated On : 15 Jan 2024 | 9:09 PM IST

Hyundai Motor to spend $845 million fixing Talegaon plant bought from GM

Hyundai last year bought the General Motors factory in Talegaon, which has stood idle for years after the US company struggled to sell it off following its exit from the country

Hyundai Motor to spend $845 million fixing Talegaon plant bought from GM
Updated On : 15 Jan 2024 | 7:40 PM IST

Former Credit Suisse wealth executive Sandipan Roy joins Motilal Oswal

Sandipan Roy will be chief investment officer for the private wealth business, reporting to Ashish Shanker who heads the unit, according to a spokesperson for Motilal Oswal

Former Credit Suisse wealth executive Sandipan Roy joins Motilal Oswal
Updated On : 15 Jan 2024 | 7:33 PM IST

Hyundai Motor to spend $845 million fixing Talegaon plant bought from GM

Hyundai last year bought the General Motors factory in Talegaon, which has stood idle for years after the US company struggled to sell it off following its exit from the country

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Updated On : 15 Jan 2024 | 6:19 PM IST

Bitcoin's ETF hangover saddles token with its worst streak in a month

The batch of almost a dozen ETFs, including from investment titans BlackRock Inc. and Fidelity Investments, began trading on Jan. 11

Bitcoin's ETF hangover saddles token with its worst streak in a month
Updated On : 15 Jan 2024 | 12:17 PM IST

Apple offers rare discount on iPhone 15 in China amid demand fears

Apple quietly introduced the savings on its official Chinese website on Monday. The deal runs from Jan. 18 to Jan. 21 ahead of the Lunar New Year shopping season

Apple offers rare discount on iPhone 15 in China amid demand fears
Updated On : 15 Jan 2024 | 12:09 PM IST

Boeing's legacy vanished into thin air. Saving it will take years

Yet as smartphone images and video of the terrifying incident went viral worldwide, Boeing engineers, investors and, above all, the flying public, were reminded of just how far this company has fallen

Boeing's legacy vanished into thin air. Saving it will take years
Updated On : 15 Jan 2024 | 9:08 AM IST

Xi Jinping stays clear of Red Sea battle despite risks to China trade

Chinese container shipping giant China Cosco Shipping Corp. stopped delivering goods into Israel because of the threats and attacks posed by the militants

Xi Jinping stays clear of Red Sea battle despite risks to China trade
Updated On : 15 Jan 2024 | 8:46 AM IST

Apple set to shutter 121-person San Diego AI Team in reorganisation

Apple told employees that they have until the end of February to decide if they will relocate, according to the people. If they don't, the workers will be terminated on April 26

Apple set to shutter 121-person San Diego AI Team in reorganisation
Updated On : 14 Jan 2024 | 11:35 PM IST

Netanyahu vows to keep fight against Hamas on as war hits 100-day mark

Israeli statements exposed a growing dissonance between the domestic perception of the timing and goals of the war and increasing international impatience in the face of a deepening crisis in Gaza

Netanyahu vows to keep fight against Hamas on as war hits 100-day mark
Updated On : 14 Jan 2024 | 11:16 PM IST

US Congressional leaders ready stopgap bill to extend govt funding

Another extension has moved into focus as Congress appears on track to miss two staggered deadlines - January19 for passage of four of the 12 annual government-funding bills and February 2 for others

US Congressional leaders ready stopgap bill to extend govt funding
Updated On : 14 Jan 2024 | 11:07 PM IST

Bill Ackman contributes $1 mn to support Dean Phillips to challenge Biden

Ackman's support of Phillips, 54, amplifies some of the worst fears of the Biden campaign: Donors and voters are unenthusiastic about reelecting the 81-year-old president

Bill Ackman contributes $1 mn to support Dean Phillips to challenge Biden
Updated On : 14 Jan 2024 | 11:24 AM IST