Aug 28, 2015 at 16:11 | Source: CNBC
But a growing number are now arguing that the supposed weakness -- largely fueled by fears of slower Chinese growth -- is overblown and recent market declines are more of a buying opportunity than a reason to sell.
Aug 26, 2015 at 12:00 | Source: Moneycontrol.com
State Bank of India, ICICI Bank, HDFC, Axis Bank, Bharti Airtel, Dr Reddy's Labs, Cipla, Vedanta and Tata Steel dropped 1-3 percent. BHEL slipped 2.5 percent after Goldman Sachs downgraded stock to sell from neutral earlier with a target of Rs 207 per share as it believes that the new ordering momentum is unsustainable.
Aug 26, 2015 at 10:13 | Source: Moneycontrol.com
The brokerage cut its FY16E/17E/18E earnings per share by 7 percent/13 percent/18 percent to reflect lower order inflows and lower margin recovery. As a result, it slashed 12-month target price on the stock by 15 percent to Rs 207.
Aug 26, 2015 at 08:52 | Source: CNBC
"The PBoC has come across hesitant and reactive. Policy easing has followed rather than pre-empted the pullback in the economy as well as asset markets," said Vishnu Varathan, senior economist at Mizuho Bank.
Aug 25, 2015 at 15:05 | Source: Reuters
European equity markets recovered on Tuesday but Chinese stock markets closed down more than 7 percent, with panic selling intensifying after the flagship Shanghai Composite Index crashed through key support at 3,000 points.
Aug 25, 2015 at 09:18 | Source: Reuters
The combined company will operate about 200,000 miles of electric lines and 80,000 miles of gas pipelines serving about 9 million customers, making Southern Co the No. 2 US utility by customer count after Exelon Corp.
Aug 25, 2015 at 08:58 | Source: Reuters
Asian stocks resumed their slides on Tuesday, with China's and Japan's major stock indexes tanking again in early trade, sparking fears of a hard landing for the Chinese economy, the world's most important growth engine.
Aug 24, 2015 at 11:54 | Source: PTI
The government is looking to raise about Rs 9,302 crore from sale of 24.28 crore shares in IOC through a one-day OFS route at a floor or minimum price of Rs 387 a piece.
Aug 24, 2015 at 08:55 | Source: CNBC-TV18
According to Timothy Moe, Goldman Sachs, confidence in policy makers' capacity to offset growth concerns has also been shaken in China and elsewhere in the region.
Aug 22, 2015 at 13:39 | Source: Reuters
It would also be a potential embarrassment to founder Jack Ma and the underwriters who engineered Alibaba's market debut last September.