Page 764 - Bloomberg/workspace/business Standard Web/video

How India's economy came back down to earth in just a year's time

India may yet reclaim its mantle as the next big thing, albeit a toned-down and more durable version

China scraps benchmark lending rate to liberalise financial system

The LPR, revamped to become the benchmark for new loans this year, is based on the interest rate for one-year loans

Joe Biden says he will refuse to testify at Trump's impeachment trial

Biden said earlier this month that he would not testify, saying it would allow lawmakers to "take their eye off the ball" instead of focusing on Trump's actions

US denies reports of seeking 20% troop funding boost from South Korea

The deal, known as the Special Measures Agreement, technically expires at the end of this year. But both sides are likely to agree to some sort of temporary extension as they negotiate

Putin's Russia is 20 years old and stronger than ever. or is it?

While Putin has repeatedly ruled out amending the constitution to allow another term, most recently during his annual press conference, no other option for staying in power, if that's what he does

That recession everyone feared just got priced out by a record stock rally

Very big years in markets rarely come right before recessions

Guinea Prez, world's longest-serving ruler must reveal assets for IMF aid

The central African country needs an IMF bailout to deal with a crisis that shrank its economy by a third to $13 billion last year

Lufthansa union calls for 3-day strike at Germanwings after talks fail

Eurowings, in a separate statement, said 30 of the group's 140 planes fly for Germanwings. Further talks between the airline and the union are planned for Jan. 16-17

Bill Gates to Kylie Jenner: World's richest gained $1.2 trillion in 2019

Jeff Bezos was down almost $9 billion, but that drop is because of his divorce settlement with MacKenzie Bezos.

BSE's small brokers are folding up as technology, regulations outpace them

India had slightly more than 2,400 brokerages as of December 24, down from more than 9,000 in March 2014.

The 'fire and ice' decade that changed everything on Wall Street

At its peak a record $17 trillion stockpile of negative-yielding securities roiled global markets in 2019

Banks set for biggest job cull since 2015; Morgan Stanley lets go 1,500

This year, more than 50 lenders have announced plans to cut a combined 77,780 jobs, the most since 91,448 in 2015

'Cane is king', say sugar traders as India is set to roil the market again

Sugar output in the country is expected to bounce back in 2020-21

Mukesh Ambani's Reliance Retail valued at $34 billion in share swap

Reliance Retail runs India's largest chain of neighborhood supermarket stores and consumer electronics stores

Hong Kong malls become flashpoint for protests during Christmas holiday

Pro-democracy demonstrations have been called for the afternoon of Boxing Day at shopping centers in areas including Causeway Bay, Mong Kok and Tsim Sha Tsui

Boeing messages disclose 'very disturbing picture' of 737 Max planes

This was the second time that the Chicago-based company has delayed turning over to the FAA sensitive messages related to the development of the 737 Max

Trump's trade wars expose an abiding truth on the bluff of free trade

The protectionist impulse behind the trade war remains as ineradicable as ever

Stung by record defaults, China vows for more transparent bond handling

Improving the mechanism of handling bond defaults will be essential to prevent and resolve financial risks, and it must be done in a way that is market based

China's first high-speed rail company launches IPO to raise over $5 billion

The listing adds to signs that China is pushing to further open industries dominated by state-owned companies.

Top Nissan exec Jun Seki announces exit abruptly, to join EV maker Nidec

The company's shares fell 3.1% to 633 yen, the lowest since 2011, as of the close Wednesday in Tokyo.