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'They want it': Trump approves US-China trade deal to halt Dec 15 tariffs

Global stocks hit a record high and bond yields climbed on optimism over trade.

'They want it': Trump approves US-China trade deal to halt Dec 15 tariffs
Updated On : 13 Dec 2019 | 7:27 AM IST

Wall Street's main indices hit records on reports of US-China trade deal

Thursday's gain in American stocks pushed the MSCI All-Country index to its first record since January 2018

Wall Street's main indices hit records on reports of US-China trade deal
Updated On : 13 Dec 2019 | 3:28 AM IST

Impeachment proceeding: No respite for Trump on 'abuse of power'

Thursday's vote to approve the articles sets the stage for a vote on the House floor that may make him the third president in US history to be impeached

Impeachment proceeding: No respite for Trump on 'abuse of power'
Updated On : 13 Dec 2019 | 1:31 AM IST

US, China very close to signing a 'big' trade deal: Donald Trump

"They want it, and so do we!" Trump tweeted five minutes after stocks opened in New York.

US, China very close to signing a 'big' trade deal: Donald Trump
Updated On : 13 Dec 2019 | 1:31 AM IST

Indian bonds may extend losses with no let-up in bad news facing them

The Reserve Bank of India's shock hold on rates last week led to the worst weekly fall in bond prices in more than one-and-a-half years

Indian bonds may extend losses with no let-up in bad news facing them
Updated On : 12 Dec 2019 | 11:18 PM IST

Citizenship Bill asks Indians to wade through a complex maze with documents

In India's northeastern states, which share borders with Myanmar and Bangladesh, the law has unleashed anger and fear about an influx of migrants

Citizenship Bill asks Indians to wade through a complex maze with documents
Updated On : 12 Dec 2019 | 12:57 PM IST

Is YES Bank getting quality offers? Delay raises some serious questions

The Mumbai-based lender said its board failed to reach a final decision on potential investors at a meeting

Is YES Bank getting quality offers? Delay raises some serious questions
Updated On : 12 Dec 2019 | 9:50 AM IST

Time running out fast for YES Bank as it scouts for a new investor

Yes Bank Ltd. shares tumbled the most in two months after its board deferred an announcement on new investors, prompting a warning about the risks to the Indian financial system

Time running out fast for YES Bank as it scouts for a new investor
Updated On : 12 Dec 2019 | 9:41 AM IST

S&P ratings sees debt downgrade for India if economic slide continues

Sovereign bonds slid after the report, with the yield on the benchmark 10-year note rising 5 basis points to 6.76 per cent

S&P ratings sees debt downgrade for India if economic slide continues
Updated On : 12 Dec 2019 | 9:01 AM IST

China is the biggest jailer of journalists this year, detains 48

Hua, the foreign ministry spokeswoman, didn't address the condition of local reporters in her response to questions about the report

China is the biggest jailer of journalists this year, detains 48
Updated On : 12 Dec 2019 | 8:16 AM IST

Scandal and slowdown: Diamond hub Surat latest pillar of economy to wobble

Banks have been scared off from lending to jewelers in Surat after the Nirav Modi scandal broke, with credit to the sector down 14% in October from March 2018.

Scandal and slowdown: Diamond hub Surat latest pillar of economy to wobble
Updated On : 12 Dec 2019 | 6:50 AM IST

Indian bonds are the worst-performing in Asia and they may fall further

The Reserve Bank of India's shock hold on rates had sparked the worst weekly fall in bond prices in more than one-and-a-half years

Indian bonds are the worst-performing in Asia and they may fall further
Updated On : 12 Dec 2019 | 6:49 AM IST

US Fed leaves rates unchanged, signals policy will continue through 2020

Policy makers had been widely expected to leave rates on hold after three straight cuts that helped calm concerns the economy could falter

US Fed leaves rates unchanged, signals policy will continue through 2020
Updated On : 12 Dec 2019 | 6:34 AM IST

Saudi Aramco soars on debut to hit market value of $1.88 trillion

Aramco raised $25.6 billion in the biggest-ever IPO, selling shares at 32 riyals each and valuing the company at $1.7 trillion.

Saudi Aramco soars on debut to hit market value of $1.88 trillion
Updated On : 12 Dec 2019 | 1:08 AM IST

Google out of top 10 best workplaces, Facebook touches its lowest ranking

Microsoft Corp. was one of the lone big technology companies to jump in the rankings

Google out of top 10 best workplaces, Facebook touches its lowest ranking
Updated On : 11 Dec 2019 | 11:47 PM IST

India's coal power usage set to shrink for the first time in 14 years

Coal generation fell for a fourth month in November, the longest such streak in government data going back to 2005.

India's coal power usage set to shrink for the first time in 14 years
Updated On : 11 Dec 2019 | 9:23 PM IST

IIFL sees opportunity in crisis, bets on beleaguered financial sector

Defaults that began in 2017 with the IL&FS Group have triggered liquidity issues across other banks and shadow lenders that now face increased regulatory scrutiny

IIFL sees opportunity in crisis, bets on beleaguered financial sector
Updated On : 11 Dec 2019 | 1:15 PM IST

Unable to find itself a decent suitor, YES Bank needs an arranged match

Yes Bank needs an arranged match brokered by the RBI, or it's No Bank

Unable to find itself a decent suitor, YES Bank needs an arranged match
Updated On : 11 Dec 2019 | 10:30 AM IST

Credit crisis is easing in India, but only for safest corporate borrowers

The cash squeeze in the nation's shadow banking industry, which lends to everyone from street vendors to property tycoons, shows few signs of abating

Credit crisis is easing in India, but only for safest corporate borrowers
Updated On : 11 Dec 2019 | 7:59 AM IST

From Byju's to Swiggy: Next wave of tech unicorn listings could be in India

Mohandas Pai expects food delivery platforms Swiggy and Zomato, as well as PhonePe and Myntra to list in local markets in next few years

From Byju's to Swiggy: Next wave of tech unicorn listings could be in India
Updated On : 11 Dec 2019 | 7:45 AM IST