Oil Steadies as Mideast Tensions Vie With Libyan Supply Outlook
Brent for December traded near USD 72 a barrel after closing slightly higher on Monday, with West Texas Intermediate surpassing USD 68. Israel’s military announced...
Tag : China
India’s Manufacturing Incentives Advances Amid Efforts to Cut Imports from China
Since its launch in 2020, India’s production-linked incentive scheme has attracted over USD 17 billion in investments, benefitting manufacturing in 14 sectors. The scheme has...
Asian Equities Rallied as Soft Yen Supports Japan
Asian stocks rose on Thursday as the weaker yen and stimulus measures from Beijing supported the region’s two largest stock markets. Equities in Japan and...
Oil Prices Surged on Middle East Tensions and China Policy Optimism
Brent crude increased to over USD 74 a barrel on Tuesday, following a 0.8% drop on Monday, while West Texas Intermediate was close to USD...
AI Firm G42 and Nvidia to Collaborate on Climate Tech
G42, an artificial intelligence (AI) company based in the United Arab Emirates (UAE), announced on Friday its partnership with US chipmaker Nvidia to collaborate on...
Deflation in China Can Result in Unexpected Gains for India
China is facing one of the longest deflation streaks since 1993, affecting everything around, including oil prices. According to one of the world’s biggest oil...
Container Import Dependence and Higher Freight Costs Hurt India’s Exports: GTRI
According to the Global Trade Research Initiative (GTRI), India needs to make more containers, use more containers made in India, strengthen its shipping companies, and...
India’s Economic Relationship with China “Unfair”, Lacking Balance: Jaishankar
India’s External Affairs Minister S Jaishankar expressed concerns about the imbalance in economic relations with China, with Indian goods facing limited market access compared to...
Dr Reddy’s Atomoxetine Capsule Import and Sale Suspended in China, Shares Drop 2%
Shares of Dr Reddy’s Laboratories Ltd. dropped by nearly 2% after reaching a day’s high of Rs 7,074.95 on 2nd September, following the suspension of...
China’s Manufacturing Activities Continued to Decline as Challenges Rise
On Saturday, August 31, the National Bureau of Statistics of China reported that China’s official manufacturing purchasing managers’ index fell to 49.1 in August 2024...
