As China undergoes a painful rebalancing of an economy that accounts for 16 percent of global GDP – up from below a tenth a decade ago – the International Monetary Fund predicts 5.5 percent growth this year for a region that also includes export powerhouses Japan, South Korea, Hong Kong and Taiwan.
Posts tagged MC
As China weakens, recession stalks North Asia (22-10-2015)
S’pore’s GIC forms JV with DLF to invest in India project (22-10-2015)
The total buildout for the development, whose final phase is expected to be completed over the next two years, will be 2.5 million square feet.
Japan offers India soft loan for $15 billion bullet train (22-10-2015)
The project to build and supply the route will be put out to tender, but offering finance makes Japan the clear frontrunner.
Failure to check systemic issues leads to USD1 b scandal (22-10-2015)
The branch is being investigated for illegal foreign exchange transactions estimated at as much as 60 billion rupees ($922 million) with the trail of evidence spanning from the Middle East to Latin America.
Sun Pharma settles patent litigation with Acorda (22-10-2015)
“The company, along with its subsidiary has entered into a settlement agreement with Acorda Therapeutics Inc to resolve the pending patent litigation involving Ampyra extended release tablets in the US,” Sun Pharmaceutical Industries said in a regulatory filing.
India tops in trade facilitation in South-Asian sub-region (22-10-2015)
The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), together with all four other UN regional commissions, has launched the first global report on implementation of measures to simplify import, export and transit procedures.
Anti-dumping on import of select products from China (22-10-2015)
The duties have been imposed pursuant to recommendations of the Directorate General of Anti-dumping and Allied Duties, the Finance Ministry said in a statement, adding, the levies have come into effect from Wednesday.
India remains less exposed to external risks: Moody’s (22-10-2015)
India remains less exposed to externaEmerging market sovereigns have diverging shock-absorption capabilities to withstand the risks that will continue to impact global credit quality in 2015-16, says Moody’s in a report published today. l risks: Moody’s
Indiabulls Real gets plan approval for London project (22-10-2015)
In June last year, Indiabulls Real Estate had announced the acquisition. The property was purchased from Scottish Widows Investment Partnership (now part of Aberdeen Asset Management).
Bajaj Holdings posts Q2 net profit of Rs 567.9 cr (22-10-2015)
Consolidated net sales, however, were down at Rs 110 crore for the July-September quarter this fiscal as compared to Rs 184.61 crore in the same quarter in 2014-15.