Sep 09, 2016 at 08:14 | Source: PTI
Hong Kong, Sep 8 (AFP) Asian markets mostly fell todayfollowing a recent run of gains but Hong Kong and Shanghaitraders cheered data showing Chinese imports rose in Augustfor the first time in almost two years.Regional shares have enjoyed a strong run since the startof the month, fuelled by optimism about the state of the USeconomy and the prospects of borrowing costs being kept atultra-low levels until at least December.But the rally petered out today as investors put theirfoot on the brake.Tokyo was down 0.8 per cent in the afternoon but thestandout performer was Nintendo, which soared on news it haddeveloped an exclusive Super Mario game for Apple.Sydney lost one per cent and Seoul shed 0.2 per cent.Singapore, Wellington and Bangkok also suffered sharp losses."Volatility, or the lack thereof, is still the key driverin financial markets," Chris Weston, chief markets strategistin Melbourne at IG Ltd, said in an email, according toBloomberg News."The Fed are not going to raise rates this year if theytruly are data dependent and if they hike in December it wouldbe an admittance that they are more dictated by a calendar-based guidance."But Hong Kong was up 0.4 per cent by the break whileShanghai pared almost all its early losses to end the morningflat following the Chinese figures.China's customs department said August imports rose 1.5per cent on-year, the first increase in 22 months, whileexports fell less than expected thanks to weakness in thecountry's yuan currency.The figures marked a sharp turnaround from July and willraise hopes the world's number two economy and key driver ofglobal growth is stabilising after years of slowing growth.The economy grew last year at its slowest pace in a quarter ofa century.In Tokyo gaming giant Nintendo soared 18 per cent at onepoint after it announced with Apple that "Super Mario Run"would be available on the App Store this year. It ended themorning up 13.2 per cent.The news came after the global success of mobile gamePokemon Go, based other Nintendo characters, which has nowbeen downloaded about half a billion times.However, Japanese investors were left unimpressed byfigures showing the economy grew just 0.7 per cent on anannualised basis in April-June, well down from the 2.1 percent seen in the previous three months..
Apr 19, 2016 at 11:24 | Source: Reuters
The Pulitzer Board, in conferring the most prestigious honours in US journalism and the arts on Monday, also honoured the Los Angeles Times for breaking news reporting for its coverage of the massacre by Islamist militants in San Bernardino, California.
Mar 08, 2016 at 13:44 | Source: Overdrive Magazine
Breaking news: TVS considering a limited-run of production Akula 310s with carbon fibre fairings
Sep 18, 2015 at 09:05 | Source: CNBC-TV18
Although there was no action from the Fed, Rajat Bose expects some positive news from the RBI on September 29.
Jul 24, 2015 at 14:38 | Source: Reuters
Nikkei's USD 1.3 billion purchase of the Financial Times from Britain's Pearson PLC marks the culmination of decades of attempts by the Japanese household name to break into mainstream English-language media.
Jul 13, 2015 at 13:01 | Source: CNBC
Politicians quickly took to social media to break the news of a breakthrough. Belgian Prime Minister Charles Michel tweeted the word "agreement" and the Cyprus government spokesman said "we seem to have deal on Greece."
May 25, 2015 at 12:00 | Source: Moneycontrol.com
Lupin gained 2 percent while Tata Power fell almost 1 percent on news that Lupin will replace Tata Power in the BSE Sensex 30 list with effect from June 22.
Feb 06, 2015 at 08:33 | Source: Moneycontrol.com
Yesterday at one point it looked like the market was breaking out. At around 2.00 clock the market was in the zone 8,800-8,850 then of course couple of negative news in terms of those UCO Banks and Indian Overseas Bank (IOB) earnings and some negative news from Greece mended the market collapse intraday.
Jul 10, 2014 at 13:31 | Source: CNBC-TV18
Divestment target for FY15 at a little over Rs 43,000 crore. Not too aggressive a target, but government will still have to reform PSUs and then hope that market sentiment remains upbeat. Big customs duty relief has been given to imported coal. Duty on ships imported for breaking attract lower duty of 2.5 percent.
Jul 10, 2014 at 13:22 | Source: CNBC-TV18
Big customs duty relief has been given to imported coal. Duty on ships imported for breaking attract lower duty of 2.5 percent. Auto duty cuts extended for six months till December 2014.