Asia

Sensex ends 74 pts lower; Yes Bank plunges 7.11 pc

6:49 pm August 20, 2019

Mumbai: Snapping its three-session rising streak, equity benchmark Sensex closed 74 points lower on Tuesday, dragged by losses mainly in financial counters as investors remained cautious in view of prevailing economic uncertainty. Shares of Yes Bank plummeted 7.11 per cent on concerns over the valuation of stake in CG Power, which has been hit by […]

Sensex rises over 100 pts on positive global cues

11:40 am August 20, 2019

Mumbai: Domestic equity benchmark BSE Sensex rose over 100 points in early trade on Tuesday led by gains in IT stocks amid positive cues from global markets. The 30-share was trading 100.23 points or 0.27 per cent higher at 37,502.72 at 0930 hours; and the broader Nifty too rose 16.15 points or 0.15 per cent […]

Xi said Sino-US relations were at a "critical juncture", CCTV said, adding that cooperation was mutually beneficial and "the only right choice." "I hope that the US will take substantive actions to improve Sino-US relations, and both sides can work together to strengthen cooperation in fighting the epidemic," he said. Some provinces, cities and companies in China have provided medical supplies and support to the US as well, Xi added.

IMF warns increasing US tariffs could cut China growth sharply

3:20 am August 10, 2019

Washington: China’s economy already is slowing amid the trade conflict with the US, but if Washington were to ramp up tariffs even further it could cut Chinese growth sharply, the IMF warned Friday. The International Monetary Fund trimmed its growth forecast for China to 6.2 percent this year, assuming no new tariffs are imposed, but […]

Sensex tanks over 418 points amid Kashmir uncertainty

6:39 pm August 5, 2019

Mumbai: Equity benchmark BSE Sensex tanked over 418 points to close at 36,699.84 on Monday due to intense selling in banking, finance and metal stocks amid weak global cues and political uncertainty over the Kashmir issue. After cracking over 700 points in day trade, the 30-share index pared losses to close at 36,699.84, still down […]

Trial of Cambodian reporters who used to work for US begins

2:56 pm July 26, 2019

Phnom Penh: The espionage trial of two Cambodian journalists who formerly worked for a U.S. government-funded radio station began Friday, almost two years after their arrests. Uon Chhin and Yeang Sothearin appeared at the Phnom Penh Municipal Court to defend themselves against the charge that they had undermined national security by supplying information to a […]