Asian Development Bank cuts Asia, China growth forecasts

Last Updated: Thursday, July 16, 2015, 09:45

Developing Asia is now expected to grow 6.1 percent and 6.2 percent this year and in 2016 against the ADB`s March forecast of 6.3 percent for both years.

Asian shares rise as Greek deal gets cautious nod

Last Updated: Tuesday, July 14, 2015, 08:33

Asian shares rose on Tuesday on hopes that Greece`s conditional bailout agreement would bring to an end that country`s debt crisis, though caution kept broad gains in check.

Confidence level in India continues to rise: S&P

Last Updated: Wednesday, July 8, 2015, 21:08

The confidence level in India continues to grow amid indications of slower growth ahead for the Asia-Pacific region, said a report by global rating firm Standard & Poor's.

Mutual Fund global asset base climbs to record $74 trillion in 2014

Last Updated: Wednesday, July 8, 2015, 17:21

The asset base of mutual fund industry worldwide climbed 5 percent to a record USD 74 trillion in 2014, primarily on account of strong performance of the Asia-Pacific region, led by China and India.

Asia Index launches MidCap Select, SmallCap Select indicies

Last Updated: Wednesday, July 8, 2015, 14:57

Asia Index, a BSE and S&P Dow Jones Indices joint venture, today launched two indices to measure the performance of the top 30 mid-cap companies and top 60 small-cap firms.

Asia markets slip on Greece vote, Shanghai volatile again

Last Updated: Monday, July 6, 2015, 18:04

Asian equities fell Monday after Greece overwhelming rejected further austerity measures, pushing it closer to a eurozone exit, while Shanghai underwent another day of volatility as China introduced a raft of measures to shore up the slumping market.

Asia markets sink after Greece votes `No` to austerity

Last Updated: Monday, July 6, 2015, 07:16

Asian stocks fell Monday after Greek voters rejected more austerity demands from creditors, fuelling fears the country will crash out of the eurozone, but the euro recovered from initial losses as dealers wait for European leaders` next move.

PM Modi's Russia, Central Asia visit to boost energy, trade ties

Last Updated: Sunday, July 5, 2015, 12:56

Prime Minister Narendra Modi's forthcoming visit from July 6-13 to Russia as also five Central Asian countries is expected to boost strategic and economic ties with the region, India Inc said on Sunday.

Hong Kong stock exchange to introduce volatility controls from mid-2016

Last Updated: Saturday, July 4, 2015, 14:07

The operator of Hong Kong`s stock exchange said it will introduce new controls to rein-in volatility, in a long-awaited announcement that comes as Chinese shares see wild price swings, fueling fears of a mainland market collapse.

Average annual income of India's affluent is Rs 1.5-mn: Visa

Last Updated: Wednesday, July 1, 2015, 17:39

The Visa Affluent Study 2015 was conducted across affluent consumers in Australia, China, Hong Kong, Indonesia, Japan, South Korea, Singapore and India.