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Bloomberg

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Fed's Powell says taper could start in November, finish in mid-2022

US stocks pared gains, while yields on 10-year Treasuries pushed higher

Fed's Powell says taper could start in November, finish in mid-2022
Updated On : 23 Sep 2021 | 3:08 AM IST

The chip crisis grows worse as wait time stretches to record 21 weeks

Chip lead times, the gap between ordering a semiconductor and taking delivery, increased by 6 days to about 21 weeks in August from the previous month

The chip crisis grows worse as wait time stretches to record 21 weeks
Updated On : 23 Sep 2021 | 2:35 AM IST

Evergrande crisis: China injects liquidity, adds $18.6 bn to banking system

The benchmark CSI 300 Index fell as much as 1.9 per cent Wednesday

Evergrande crisis: China injects liquidity, adds $18.6 bn to banking system
Updated On : 23 Sep 2021 | 2:16 AM IST

OPEC nations warn of oil market turbulence from gas crisis

Iraq expects higher demand for crude as the shortfall of gas forces consumers to look for alternative fuels, Oil Minister Jabbar said

OPEC nations warn of oil market turbulence from gas crisis
Updated On : 23 Sep 2021 | 2:07 AM IST

Google is now helping travellers go green: Check details here

The new feature relies on 29 certification programmes to do the hard work of establishing a hotel's green credibility

Google is now helping travellers go green: Check details here
Updated On : 23 Sep 2021 | 12:42 AM IST

Chinese markets set for worst showing versus EM peers since 2004

The MSCI China index has underperformed the MSCI EM (excluding China) index by 28 per cent so far this year

Chinese markets set for worst showing versus EM peers since 2004
Updated On : 23 Sep 2021 | 12:35 AM IST

Fed signals bond-buying taper may start soon, split on 2022 hike

US stocks rose slightly, while yields on 10-year Treasuries maintained an earlier decline; the dollar remained lower after the decision

Fed signals bond-buying taper may start soon, split on 2022 hike
Updated On : 22 Sep 2021 | 11:49 PM IST

Taiwan applies to join pacific trade deal days after China

The Taiwanese application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership was sent to New Zealand, according to two people familiar with the situation.

Taiwan applies to join pacific trade deal days after China
Updated On : 22 Sep 2021 | 8:26 PM IST

India must end petrol two-wheelers by 2027: e-scooter firm Hero Electric

"2027 would be a good time for new sales to be 100% electric," Naveen Munjal, managing director of Hero Electric Vehicles Pvt., said in an interview

India must end petrol two-wheelers by 2027: e-scooter firm Hero Electric
Updated On : 22 Sep 2021 | 11:59 AM IST

China may initiate restructuring of Evergrande Group, says Morgan Stanley

Citigroup too expects Beijing to help out Evergrande Group, the world's most indebted developer.

China may initiate restructuring of Evergrande Group, says Morgan Stanley
Updated On : 22 Sep 2021 | 8:25 AM IST

Foreign investors want Sebi to delay shorter trade settlement plan

Sebi's plan could push foreign investors to upgrade their custodial arrangements, spend more on foreign exchange charges and other costs.

Foreign investors want Sebi to delay shorter trade settlement plan
Updated On : 22 Sep 2021 | 7:37 AM IST

Bored of bygone builders, Singapore millennials get their own Blackstone

The restructuring of CapitaLand Investment gives a taste of what is to come in many industries globally.

Bored of bygone builders, Singapore millennials get their own Blackstone
Updated On : 22 Sep 2021 | 7:33 AM IST

Cash-strapped Evergrande Group misses loan payments to two banks

Evergrande has borrowed about 572 billion yuan ($88.5 billion) from banks and other financial institutions including trusts, with nearly half due in less than a year, according to its latest financial

Cash-strapped Evergrande Group misses loan payments to two banks
Updated On : 22 Sep 2021 | 2:24 AM IST

Macleods Pharmaceuticals picks banks for $1-billion offering

The Mumbai-based company is planning to file its initial draft prospectus by January and is targeting a listing as soon as next year, the people said

Macleods Pharmaceuticals picks banks for $1-billion offering
Updated On : 22 Sep 2021 | 2:12 AM IST

Covid-19 pandemic: What we know about Delta variant and children

The case for immunising children is much less clear-cut than it is with adults, who are at greater risk of getting seriously ill

Covid-19 pandemic: What we know about Delta variant and children
Updated On : 21 Sep 2021 | 10:27 PM IST

Johnson & Johnson says its Covid booster shot prevents severe infection

The results come as many developed nations turn to booster shots to address waning protection from some vaccines and the rise of the more infectious delta variant

Johnson & Johnson says its Covid booster shot prevents severe infection
Updated On : 21 Sep 2021 | 4:29 PM IST

Global inflation spike seen posing near-term risks to economy: OECD

Supply-chain difficulties, surging commodities prompted OECD to raise its forecast for consumer-price gains this year and next in every Group of Seven country aside from Japan

Global inflation spike seen posing near-term risks to economy: OECD
Updated On : 21 Sep 2021 | 3:58 PM IST

Evergrande crisis isn't China's 'Lehman moment' for Citi, Barclays

Barclays argues the market environment isn't similar to what happened during the collapse of Lehman Brothers

Evergrande crisis isn't China's 'Lehman moment' for Citi, Barclays
Updated On : 21 Sep 2021 | 1:56 PM IST

Evergrande: How far will Xi go with his crackdown on real estate sector

The selloff on Monday left few risky assets untouched. Hong Kong's Hang Seng Index tumbled more than 3%, led by real estate companies.

Evergrande: How far will Xi go with his crackdown on real estate sector
Updated On : 21 Sep 2021 | 1:47 PM IST

Another crisis bugs aviation industry after Covid-19: a shortage of pilots

Many airlines are aggressively trying to rehire pilots as well as cabin crew and ground staff, but that's not been a simple process and some jobs are left unfilled

Another crisis bugs aviation industry after Covid-19: a shortage of pilots
Updated On : 21 Sep 2021 | 1:23 PM IST