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Bloomberg

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Here's why India and UK are acting like cowards on the free trade agreement

Indian negotiators are pushing for strict "rules of origin" checks for tradable goods, to make sure that any FTA benefits apply only to goods made predominantly in Britain

Here's why India and UK are acting like cowards on the free trade agreement
Updated On : 15 Nov 2023 | 6:50 AM IST

China plans to allocate $137 bn of new funds to aid housing market

The outstanding amount of funds lent through the PSL program stood at 2.9 trillion yuan as of October.

China plans to allocate $137 bn of new funds to aid housing market
Updated On : 14 Nov 2023 | 11:16 PM IST

For Google Play, dominating android world was 'existential': Report

Epic is seeking to show that executives at the Alphabet Inc. unit were eager to discourage the proliferation of third-party app stores

For Google Play, dominating android world was 'existential': Report
Updated On : 14 Nov 2023 | 8:57 PM IST

Huawei and Xiaomi lead China smartphone market's double-digit rebound

Phone sales in the world's biggest mobile market were up 11% in the first four weeks of last month compared to the same period a year ago, according to Counterpoint Research data

Huawei and Xiaomi lead China smartphone market's double-digit rebound
Updated On : 14 Nov 2023 | 2:13 PM IST

iPhone maker Foxconn's profit beats views in sign of resilient demand

Net income in the September quarter came to NT$43.13 billion ($1.3 billion), compared to the average analyst estimate of NT$34 billion

iPhone maker Foxconn's profit beats views in sign of resilient demand
Updated On : 14 Nov 2023 | 1:25 PM IST

China's support for certain industries poses global 'risk', says Yellen

Yellen added that she discussed China's growth slowdown with APEC, who agreed that it presented 'downside risk to the economic outlook' particularly for APEC nations with strong trade ties to Beijing

China's support for certain industries poses global 'risk', says Yellen
Updated On : 14 Nov 2023 | 11:26 AM IST

For Google Play, dominating the Android ecosystem was 'existential'

Epic is seeking to show that executives at the Alphabet Inc. unit were eager to discourage the proliferation of third-party app stores that would cut into Google Play's operating profit

For Google Play, dominating the Android ecosystem was 'existential'
Updated On : 14 Nov 2023 | 8:12 AM IST

China's economy likely struggled to gain traction despite stimulus

That dynamic will be most evident in retail sales data, which is expected to show a 7 per cent jump year-on-year as it compares to pandemic and lockdown-hit 2022

China's economy likely struggled to gain traction despite stimulus
Updated On : 14 Nov 2023 | 7:23 AM IST

Faster trains are crucial for India to tap global export markets like China

What has local train travel got to do with exports? A lot, according to Lin Tian at INSEAD in Singapore and Yue Yu at the University Of Toronto

Faster trains are crucial for India to tap global export markets like China
Updated On : 14 Nov 2023 | 6:56 AM IST

PE firms' $1.5 trn worth of assets trapped in China after market slumps

With public markets in a slump and offering unattractive valuations, buyout firms are exploring private sales

PE firms' $1.5 trn worth of assets trapped in China after market slumps
Updated On : 14 Nov 2023 | 6:46 AM IST

Centre to seek bids for $960 million EV battery production program

The government will seek bids from potential investors next month, they said

Centre to seek bids for $960 million EV battery production program
Updated On : 14 Nov 2023 | 12:23 AM IST

China may end freeze on Boeing 737 Max deal in US ahead of Xi-Biden's meet

A 737 Max agreement would mark an important breakthrough for Boeing, after it lost its market lead in China to arch-rival Airbus SE

China may end freeze on Boeing 737 Max deal in US ahead of Xi-Biden's meet
Updated On : 14 Nov 2023 | 12:09 AM IST

UBS strategists see far deeper Fed rate cuts than what markets are pricing

The strategists expect the benchmark federal funds rate to fall to between 2.5% and 2.75% by the end of 2024, and see the terminal rate at 1.25% by early 2025

UBS strategists see far deeper Fed rate cuts than what markets are pricing
Updated On : 14 Nov 2023 | 12:05 AM IST

Centre weighs five-year tax cuts on EV imports to woo Tesla: Report

Opening up the EV segment could speed up the adoption of cleaner transport in a country that currently has the world's most toxic air

Centre weighs five-year tax cuts on EV imports to woo Tesla: Report
Updated On : 13 Nov 2023 | 11:58 PM IST

With US funding in pocket, Adani plans expansion of overseas port empire

The announcement marked a welcome reprieve for India's Adani Group following a damaging short-seller attack and a number of corporate fraud allegations leveled against it this year

With US funding in pocket, Adani plans expansion of overseas port empire
Updated On : 13 Nov 2023 | 10:46 PM IST

Elections to disrupt India stocks calm in 2024, says Morgan Stanley

"A potential change in government could lead to changes in the direction of policy reform and execution leading to poor investment sentiment," Morgan Stanley said

Elections to disrupt India stocks calm in 2024, says Morgan Stanley
Updated On : 13 Nov 2023 | 10:19 PM IST

Google sues five scammers over fake Bard AI chatbot that downloads malware

The company is suing the scammers for trademark infringement because they used Google's logo to promote their scheme. They're also suing for breach of contract

Google sues five scammers over fake Bard AI chatbot that downloads malware
Updated On : 13 Nov 2023 | 8:17 PM IST

Apple Inc's China sales dip boosts $20 billion Xiaomi market rally

Chinese Android makers are capitalizing as Apple posts sliding revenue in the country, even amid signs that Asia's largest smartphone market is starting to bottom out after years of decline

Apple Inc's China sales dip boosts $20 billion Xiaomi market rally
Updated On : 13 Nov 2023 | 4:54 PM IST

Goldman upgrades Indian equities citing strategic appeal, downgrades China

The Wall Street bank has downgraded its views on China equities several times this year amid pessimism in the country's stock market

Goldman upgrades Indian equities citing strategic appeal, downgrades China
Updated On : 13 Nov 2023 | 12:27 PM IST

Hyundai to install new plant in S Korea, to produce 200,000 EVs a year

Hyundai will invest 2 trillion won ($1.5 billion) building the plant, which will cover 548,000 square meters of land at a former motor racing circuit

Hyundai to install new plant in S Korea, to produce 200,000 EVs a year
Updated On : 13 Nov 2023 | 10:58 AM IST