Beijing is hoping that private consumption will pick up the slack as exports fall and it tries to rebalance the economy – now heading for its slowest full-year growth in 25 years – away from a reliance on trade and government spending.
Posts tagged MC
Alibaba Q2 to dim outlook for China consumer spending (26-10-2015)
Oil prices drop, demand seen sagging toward year-end (26-10-2015)
Energy Aspects said that the ongoing oversupply in crude oil was starting to spill into the market for refined products, with a product stock-build of 0.6 million barrels per day seen in the third quarter.
Sensex opens firm, Nifty above 8300; Bharti gains 1% (26-10-2015)
Vedanta, Hindalco, Tata Motors, Bajaj Auto and Dr Reddy’s Labs are top gainers while Lupin, HDFC, GAIL, ONGC and MM are among losers in the Sensex. Bharti Airtel is up 1 percent after it announced better-than-expected Q2 results.
Bharti Airtel Q2 profit falls 2%, Africa biz improves (26-10-2015)
Africa business showed an improvement during the quarter with revenue rising 1.8 percent quarter-on-quarter to Rs 6,272 crore.
Bharti Q2 net falls 2%; Africa biz improves, India down 1% (26-10-2015)
Africa business showed an improvement during the quarter with revenue rising 1.8 percent quarter-on-quarter to Rs 6,272 crore.
See gap up opening led by strong global cues: ICICIdirect (26-10-2015)
Nifty is likely to open gap up on the back of strong global cues. It is likely to trade in the range of 8280-8390, says ICICIdirect.
Expect market to open on positive note: Angel Broking (26-10-2015)
According to Angel Broking, markets are expected to open on positive note tracking the SGX Nifty and most its Asian peers.
Central banks infusing stimulus shows growth is slow: Pros (26-10-2015)
Arvind Sanger of Geosphere Capital Management believes that the measures from the Chinese central bank will lead to easing of the liquidity situation. But Viktor Shvets of Macquarie feels there will a contraction in liquidity from hereon.
China’s 6% growth is still enormous: Mark Mobius (26-10-2015)
Mark Mobius of Templeton Emerging Market Group says fears of global growth downgrade is unfounded.
Oil investment set to fall more in 2016: IEA’s Fatih Birol (26-10-2015)
There has already been a more than 20 percent decline in oil investments in 2015, he said, adding that the bulk of the decline in oil investments came from North America and Brazil.