Currency Devaluation

How a currency war can help China neutralise US tariffs

China is the biggest export economy in the world. By allowing its currency to depreciate, Chinese goods will become cheaper in foreign markets.

Brexit may shave 10-20 bps off India FY17 GDP growth: Motilal

Given the scenario, the biggest threat to Indian markets going ahead would be if Britain's 'separation contagion' spreads to other member countries of the EU going forward, says Manish Sonthalia, Senior Vice President at Motilal Oswal Asset Management.

How China can avoid a 2008-like crisis

China's debt binge has been well documented and now the inevitable deleveraging is occurring. Much like the US in 2008, China now faces tough choices. The political leaders in Beijing must engineer a deleveraging either through recapitalization, currency devaluation, economic growth, or outright default.

It's the 2008 crisis all over again: Soros

Billionaire financier, George Soros, is warning of an impending financial markets crisis as investors around the world were roiled by turmoil in China trade for the second time this week.

FPIs dump shares worth Rs 7,000 crore from capital markets

Foreign investors have pulled out nearly Rs 7,000 crore from the capital markets in about two weeks mainly on account of a combination of global and domestic issues.

Glenmark down 3%; Credit Suisse says Venezuela may hurt PAT

The brokerage expects a 20 percent degrowth in company's FY17 earnings per share as it continued to see underappreciating Venezuela risk for Glenmark.