Chinese Market

China’s sudden stock rally sucks money from rest of Asia

The MSCI China Index has risen more than 30% from a recent low as authorities announced a barrage of measures to revive growth. Trading turnover in both China and Hong Kong hit a record high on Monday.

Lupin partners Yabao to market paediatric products in China

"It paves the way for us to bring quality paediatric formulations to the growing needs of patients in China," Fabrice Egros, president - corporate development and growth markets, Lupin, said.

As China casts a pall over Hong Kong, some see opportunity

Beijing’s imposition of a national security law this summer to crack down on Hong Kong’s pro-democracy movement undercut the territory’s autonomy and raised concerns that it could lose its status as Asia’s premier financial center.

110 Japanese firms went bankrupt in China last year: Report

A new report by Tokyo Shoko Research showed that 110 Japanese companies went bankrupt last year citing the challenges of doing business in China, or 'China risk', the Hong Kong-based South China Morning Post reported.

Volkswagen to provide 4 lakh new energy cars for China by 2020

The company announced earlier that it would introduce 15 models of new energy vehicles in China in the next three or four years, to address the environmental protection needs of the Chinese market, as well as 10 models worldwide in the next decade.

'China may open its Pharma industry to India for mutual gain'

"China and India are the world's two largest manufacturers of bulk drugs, a key raw material for producing pharmaceutical drugs," an article in the state-run Global Times said.

Key MSCI EM index rejects Chinese mainland stocks, again

"This could be a good thing, because it gives China incentive to push reforms through further rather than give them the benefit of the doubt," said Lucy Qiu, emerging market strategist at UBS Wealth Management.

More challenges than cheer for Apple chief Tim Cook on Asia tour

The second leg of Cook's trip, to India, the world's third-largest smartphone market, comes at a crucial time as Apple battles slowing growth in China, its second-biggest market. But the challenges suggest it will be years before India is anything close to a major earnings pillar for the US tech giant.

See one Fed hike in '16, lift-off timing was right: Kaushik Basu

Going ahead, Kaushik Basu, Chief Economist, World Bank, believes the Fed will move very slowly on the back of the US dollar strengthening and financial market slowdown. He sees one more rate hike in calendar year 2016

Hyundai posts lowest profit in five years

Hyundai, along with its smaller affiliate Kia, forms the world's fifth-largest automaking group. The firm's net profit has fallen for three straight years since 2013 as a strong won, coupled with a weakening yen, blunted its price competitiveness against Japanese rivals in global markets.

7% limit in Chinese mkt was creating volatility: Credit Suisse

The China Securities Regulatory Commission on Thursday suspended its recently implemented circuit breaker system. The system led to trading halts on two separate days this week amid selling. The circuit breaker most recently kicked in Thursday, when the CSI300 plunged more than 7 percent in early trade

Re may fall to 68.50/$ by 2016 end: Credit Suisse

Ray Farris of Credit Suisse expects the Indian currency to depreciate to 67 versus the US dollar in the next 3 months and further to Rs 68.50 by the end of 2016.

Expect more easing measures from Chinese central bank: JPM AMC

Ian Hui, Global Market Strategist at JPMorgan Asset Management in an interview to CNBC-TV18 spoke about the likely causes for rout in Chinese market and the expected action.

China mkt to bounce back soon, economy fine: Shaun Rein

The weakness in the Chinese market is on the back of weak industrial production data and a lot of investigations and arrests over the past few weeks, says Shaun Rein, managing director, China Market Research Group.

NEIL plans to increase its turnover to Rs 5,000 cr by 2020

The company expects to get 35 percent of turnover from export by 2020 and increase its growth rate.

Mandate for Indian team is to double biz here: ABB

"I don't want to give any specific guidance but it's definitely an ambition to more than double in India. If I look at the momentum that we have at the moment in place, if I look at the market opportunities, if I look at the incremental export, I think that's a very realistic expectation," says Ulrich Spiesshofer, global CEO, ABB

See 45% chance of Fed hike;India in good spot: JPMorgan AMC

The US Fed kept rates unchanged on Wednesday while explicitly saying it intends to move off its zero rate policy. Speaking about the sudden overt reference to rate revision in December, Ian Hui, Global Market Strategist at JPMorgan Asset Management said he assigns a 45 percent chance of a rate hike in December.