Asian stocks traded mostly higher on Thursday following a positive lead from Wall Street, with Chinese equities leading gains after mainland markets resumed trade after a week-long holiday.
Posts tagged MC
China stocks rally as trading resumes (08-10-2015)
EMs at risk from overleveraged corporates, banks: IMF (07-10-2015)
Emerging market companies have an estimated USD 3 trillion in overextended loans that threaten to trigger a sharp credit crunch and capital outflows in economies that have already been hit hard by low commodity prices, the International Monetary Fund said on Wednesday.
DHFL trims lending rate to 9.55% for new borrowers (07-10-2015)
In the statement, DHFL said a bulk of its lending is to the low and middle income segment in smaller cities and the average loan size is under Rs 15 lakh.
Rupee hits 8-wk high of 64.95 vs USD, up 46 paise (07-10-2015)
The rupee today opened higher at 65.29 per dollar as against yesterday’s level of 65.41 at the Interbank Foreign Exchange market and firmed up further to close at an 8-week high of 64.95, showing a gain of 46 paise or 0.70 per cent.
Huawei unveils Honor 7 smartphones, smart band (07-10-2015)
“We are enthusiastic to introduce the Honor 7 in India today…We sold 20 million Honor phones in 2014, 40 million in 2015 and expect to sell 60 million in 2016,” Honor International Business Vice-President Zhao Gang said.
Corporate revenues likely to grow only 1.6% in Q2: Crisil (07-10-2015)
Corporate revenues are likely to grow by a meagre 1.6 percent for the quarter ended September, which will be the fifth consecutive quarter of single-digit growth, Crisil Research said today.
‘Idea of India’ debate rages following Dadri lynching case (07-10-2015)
Since Mohammed Akhlaq was beaten to death in his home in Uttar Pradesh last week, politicians from Prime Minister Narendra Modi’s party, ministers among them, have made statements seemingly in defence of the Hindu mob that killed him.
Would like states to raise power prices gradually: Goyal (07-10-2015)
State-run electricity distributors are running out of cash and struggling to repay loans, squeezing banks’ ability to spur credit growth and undermining Prime Minister Narendra Modi’s campaign to attract more energy-hungry manufacturers to build new factories.
Volkwagen tells dealers in India to stop delivery of Polo (07-10-2015)
Sources said that the step is not related to the emission scandal but is due “to other technical issue”.
Rajasthan to focus on investment into key areas: CM Raje (07-10-2015)
The main aim of the government from the Summit is not just to garner huge investments but to marry the state’s strength with that of the investing partners, said Rajasthan Chief Minister, Vasundhara Raje.