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Global Markets: Asian stocks keep calm as China economy cools, Brexit news awaited

Asian markets kept their nerve on Monday as data showed the Chinese economy slowed at the end of last year, underlining the urgent need for more stimulus as Beijing wrestles with the United States over trade.
Tags: Money, China, Beijing, businessNews, United States, Global Markets


India to soon have own standard of apparel size: Smriti Irani

Union minister Smriti Irani on Sunday said Indian textiles and garments industry would soon get its own country-specific apparel size. Addressing the ‘Textile Conclave’ at the Vibrant Gujarat Global Summit here, Irani said a study will be carried out before introducing the ‘Size India’ project for apparel measurement.   Via  
Tags: Business, News, India, Tech, Irani, Smriti Irani, Gujarat Global Summit


IIT-Madras faculty to teach Artificial Intelligence to non-IITians through PadhAI portal

The Indian Institute of Technology (IIT) Madras faculty has launched a start-up to prepare the Indian workforce for the advent of Artificial Intelligence (AI) age by training students at nominal costs. Their startup called ‘One Fourth Labs’ has launched an online school ‘PadhAI’ that offers affordable India-specific courses on AI. Every year, the top performing students from courses on the portal will be invited to a “summer garage”, an AI residency program at IIT-Madras Research Park where ...
Tags: Business, India, Artificial Intelligence, IIT, IIT Madras, Indian Institute of Technology IIT Madras, Madras Research Park


Detained ex-Nissan chairman Ghosn offers stock, passports for bail

Ousted Nissan Motor Co chairman Carlos Ghosn has offered to post stock he owns in the automaker as collateral, surrender his passports and submit to electronic tracking as part of a renewed effort to persuade a Tokyo court to grant him bail while he awaits trial on charges of financial misconduct, a spokeswoman for the car executive said.
Tags: Money, businessNews, Tokyo, Nissan, Ghosn, Carlos Ghosn, Nissan Motor Co


China December aluminium production surges to record monthly high

China's primary aluminium output defied low prices to rise for a second straight month to a record high in December as falling alumina costs boosted margins, while 2018 annual output was also a record, official data showed on Monday.
Tags: Money, China, businessNews


Colombia's Transandino oil pipeline hit by bomb attack - Ecopetrol

Colombian state-run oil company Ecopetrol SA said on Sunday a bomb attack on the Transandino pipeline caused spillage in southwestern Narino close to the border with Ecuador.
Tags: Money, Colombia, businessNews, Ecopetrol, Ecopetrol SA, Narino


Expert Views: China's economy cools in fourth quarter, 2018 growth at 28-year low

China's economic growth cooled slightly in the fourth quarter from a year earlier as expected, weighed down by weak investment and faltering consumer confidence as Washington piled on trade pressure, leaving 2018 growth the weakest in 28 years.
Tags: Money, Washington, China, businessNews


Japan recession risk rises on U.S.-China trade war, global slowdown: Reuters poll

Chances that Japan will slide into a recession this coming fiscal year have grown over the past three months, a Reuters poll of economists found, pressured by a global economic slowdown and U.S.-China trade friction.
Tags: Japan, Money, China, businessNews, Reuters


Oil rises to 2019 highs on strong China demand despite economic slowdown

Oil prices rose to their highest for 2019 on Monday after data showed refinery processing in China, the world's second-largest oil consumer, climbed to a record in 2018, despite a slowing economy last year.
Tags: Money, China, businessNews


China has ample room for macro policy support - stats bureau chief

China has ample room for macro policy support, Ning Jizhe, head of the National Bureau of Statistics said on Monday, after the world's second-largest economy grew at the slowest pace since the global financial crisis in the fourth quarter of 2018.
Tags: Money, China, businessNews, National Bureau of Statistics, Ning Jizhe


McCashin's Brewery secures option for stake in Veritas

McCashin's Brewery has acquired an option to buy almost 20 per cent of food and beverage investor Veritas Investments at more than twice the recent market price.Interests connected with former Veritas chief executive Michael Morton... [Author: [email protected]]
Tags: Business, Veritas, Veritas Investments, Michael Morton, McCashin


China December coal output rises about two percent to highest in over three years

China's December coal output climbed 2.1 percent from the year before, government data showed, hitting the highest level in at least three years as major producers ramped up production amid robust winter demand and after the country started up new mines.
Tags: Money, China, businessNews


China's December property investment slows in sign of fatigue for key GDP driver

Growth in property investment in China cooled to the second slowest pace in 2018 in December, adding to signs of a further slackening in the real estate market in a blow to a key driver economic growth.
Tags: Money, China, businessNews


China's economy cools in fourth quarter, 2018 growth hits 28-year low

China's economic growth cooled slightly in the fourth quarter from a year earlier as expected, weighed down by weak investment and faltering consumer confidence as Washington piled on trade pressure, leaving 2018 growth the weakest in 28 years.
Tags: Money, Washington, China, businessNews


Gold firm as rising risk appetite offsets Fed pause views

Gold prices held steady on Monday as expectations that the U.S. Federal Reserve will pause its multi-year interest rate hike cycle, were offset by a recovery in investor appetite for risk.
Tags: Money, businessNews, Fed, U S Federal Reserve


Asian markets advance on optimism over China-US trade

BANGKOK (AP) — Shares in Asia rose Monday, extending gains on Wall Street last week. Buying enthusiasm has been spurred by renewed hopes for progress on resolving the trade standoff between the U.S. and China. Shares rose in Shanghai... [Author: [email protected]]
Tags: Asia, Business, Wall Street, Ap, Shanghai, Bangkok, China US, China Shares


Soon, no e-way bill if GST returns not filed for 6 months

Non-filers of GST returns for 6 consecutive months will soon be barred from generating e-way bills for movement of goods. The Goods and Services Tax Network (GSTN) is developing such IT system that businesses who have not filed returns for two straight return filing cycle, which is 6 months, would be barred from generating e-way bills, an official said.
Tags: Business, News, GST, Services Tax Network GSTN


When is Debt Consolidation a Smart Option?

 Just like any answer to debt, debt consolidation has its own share of myths and misconceptions. Some companies advertise it as a way to save money while paying off debt, while detractors say that it’s a risky choice. The truth is your goals, capabilities, and current situation play a huge role in determining whether or not you’ll reap the benefits of debt consolidation. How do you know if it’s for you? Looking into debt consolidation plans is a smart option if you want to: Simplify Debt Payme...
Tags: Sales, More


New lamb ad suggests Australia unites with New Zealand

The latest lamb ad released ahead of Australia Day suggests the country has "lost the plot" and should unite with New Zealand to reclaim its former glory."We used to be the greatest country on Earth but we've lost the plot," Gary,... [Author: [email protected]]
Tags: Business, Australia, New Zealand, Gary


China's 2018 economic growth sinks to 3-decade low

BEIJING (AP) — China's 2018 economic growth fell to a three-decade low, adding to pressure on Beijing to settle a tariff war with Washington.The world's second-largest economy expanded by 6.6 percent over a year earlier, down from... [Author: [email protected]]
Tags: Business, Washington, China, Beijing


China's economic growth sinks to 3-decade low in 2018

BEIJING (AP) — China's economic growth fell to a three-decade low in 2018 as business activity lagged amid a tariff war with Washington.The world's second-largest economy expanded by 6.6 percent over a year earlier, down from 2017's... [Author: [email protected]]
Tags: Business, Washington, China, Beijing


China 2018 economic growth falls to 3-decade low

BEIJING (AP) — China's 2018 economic growth fell to a three-decade low as activity cooled amid a tariff war with Washington.The world's second-largest economy expanded by 6.6 percent over a year earlier, down from 2017's 6.9 percent,... [Author: [email protected]]
Tags: Business, Washington, China, Beijing


Oil firms as China's slowdown not as steep as some expected

Oil prices firmed on Monday after data showed China's economic slowdown was not as big as some analysts had expected, with supply cuts led by the Organization of the Petroleum Exporting Countries also offering support.
Tags: Money, China, businessNews, Organization of the Petroleum Exporting Countries


India likely to surpass UK in the world’s largest economy rankings : PwC

According to World Bank data, India became the world’s sixth largest economy in 2017, surpassing France. As per the report, while UK and France have regularly switched places, owing to similar level of development and roughly equal populations, India’s climb up the rankings is going to be permanent. Via
Tags: Business, UK, France, India, Tech, World Bank


India to achieve universal household electrification by January-end

India is all set to achieve 100 per cent household electrification by the month end, with 2.44 crore families having received power connections out of the targeted 2.48 crore under the Rs 16,320 crore Saubhagya scheme, an official said. The Pradhan Mantri Sahaj Bijli Har Ghar Yojana (Saubhagya) was launched in September 2017 (Via)
Tags: Business, India, Tech


Kumbh to generate Rs 1.2 lakh crore revenue: CII

The mega Kumbh Mela, which began on January 15 and will continue till March 4, is expected to generate a revenue of Rs 1.2 lakh crore for Uttar Pradesh, says apex industry body Confederation of Indian Industry. Although the Kumbh Mela is spiritual and religious in nature, the economic activities associated with it generate employment for over six lakh workers across various sectors, CII said in a report. Kumbh Mela Budget : Rs 4200 cr. What are opportunities for startups?
Tags: Business, Tech, Kumbh Mela, CII, Uttar Pradesh, Kumbh, Kumbh Mela Budget


Japan's LIXIL denies report it considered MBO, move to Singapore

LIXIL Group Corp on Monday denied a report it had considered delisting from Japan through a management buyout (MBO) and moving its headquarters to Singapore, but investors welcomed the report anyway, sending the stock up 7 percent.
Tags: Japan, Money, Singapore, businessNews, MBO, LIXIL, LIXIL Group Corp


Mark Lister: Strong January suggests 2019 could be a good year for stocks

COMMENT: Sharemarkets have started 2019 on a high, rebounding strongly from the weakness we saw in the final three months of last year. If history is anything to go by, this bodes well for the coming 12 months.The S&P 500 index... [Author: [email protected]]
Tags: Business, Mark Lister


Nissan CEO says new capital ties with Renault not discussed

Nissan CEO Hirota Saikawa told reporters on Monday that he had not heard directly about a reported French proposal to integrate Nissan's management with France's Renault, adding that it was not the stage to discuss revising their capital ties.
Tags: Money, France, businessNews, Nissan, Renault, Hirota Saikawa


Global Markets: Asia stocks calm as China slows, awaits Brexit news

Asian markets kept their nerve on Monday as data showed the Chinese economy slowed at the end of last year, underlining the urgent need for more stimulus as Beijing wrestles with the United States over trade.
Tags: Asia, Money, China, Beijing, businessNews, United States



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