The founder and executive chairman of Alibaba said Tuesday that his country’s savings rate and impending transition to a consumer-led economy mean China can weather a global slowdown. He suggested that China watchers usually get their prognostications wrong.
Posts tagged MC
Jack Ma to US: Quit worrying so much about China (01-10-2015)
Bull’s Eye: Buy Voltas, SCI, Marico, LT, REC, Rel Cap (01-10-2015)
CA Rudramurthy BV of Vachana Investments advises buying Shipping Corporation with a target of Rs 82.
Apple rakes in $513 on every iPhone 6s Plus sale (01-10-2015)
Apple spends USD 236 to make each iPhone 6s Plus device, which it sells for over three times that value at USD 749—a 217.4 percent markup that highlights the tech giant’s ability to dominate the premium market while other smartphone makers struggle.
Stocks in news: LT, IOC, Guj Gas, Infosys, BoB, Redington (01-10-2015)
Infosys | Gujarat Gas | Kalpataru Power Transmission | IOC | Reliance Infra | Reliance Power | HCL Tech | Bank Of Baroda | PNB | IDBI Bank | Punjab Sind Bank | Sutlej Textiles | ICICI Bank | IDBI Bank | IDFC | HDFC | LT | Redington and Bharat Electronics are stocks | which are in news today.
Wall Street ends worst quarter in four years with a rally (01-10-2015)
The Dow Jones industrial average rose 235.57 points, or 1.47 percent, to 16,284.7, the SP 500 gained 35.94 points, or 1.91 percent, to 1,920.03, and the Nasdaq Composite added 102.84 points, or 2.28 percent, to 4,620.17.
Asian equities extend gains after US rally (01-10-2015)
Asian equities followed Wall Street higher early Thursday, but caution remained the overall sentiment ahead of the release of key data from around the region.
China’s final Caixin manufacturing PMI at 47.2 (01-10-2015)
Unlike the government’s gauge that concentrates on large firms, Caixin’s survey focuses on smaller and medium-sized companies.
Global cues strong; Nifty likely to open in 8000 range (01-10-2015)
The SGX Nifty, an indicator of the market opening, was trading at 8018, up 42 points at 7:20 am.
HDFC’s bid to raise upto Rs 5,000cr via securities opens (30-09-2015)
Country’s largest mortgage lender HDFC Ltd said the bid to raise up to Rs 5,000 crore via NCDs and warrants opens today.
IMF’s Lagarde: More volatility likely for emerging markets (30-09-2015)
The head of the International Monetary Fund says there is reason to be concerned about the global economy.