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Why are foreign carmakers still interested to invest in China?

Last Updated: Wednesday, September 2, 2015, 11:11

Foreign carmakers that raced into China to profit from what has become the world`s biggest automobile market by volume have no intention of backing out despite slowing sales as the Chinese economy shifts down.

Europe, Asia stocks set for worst monthly drop in three years on China, Fed

Last Updated: Monday, August 31, 2015, 15:16

Oil prices fell again both on the Fed rates outlook and as investors took profits on last week`s 10 percent rise.

Asian stocks set for worst monthly drop in three years on global rout

Last Updated: Monday, August 31, 2015, 09:05

Global markets are bracing for Chinese data on Tuesday which is expected to show the world`s second-largest economy is continuing to lose momentum.

Chinese officials worried as economy enters ''tricky'' phase: Economist

Last Updated: Saturday, August 29, 2015, 02:04

China`s economy is entering a treacherous phase as it moves away from traditional sources of growth like heavy manufacturing and real estate investment, but has yet to complete the transition to a new model, a prominent Chinese economist said on Friday.

Falling prices, not markets, the real headache for Chinese firms

Last Updated: Friday, August 28, 2015, 09:48

The dramatic collapse of China`s stock markets has shaken global investors, but for Chinese factory executives the real problem is a decline of another kind - the remorseless erosion of profits thanks to nearly four years of price deflation.

Gold eyes worst week in five as strong US data fuels Fed hike view

Last Updated: Friday, August 28, 2015, 09:27

Gold was stuck near recent lows on Friday and was on track to post its biggest weekly drop in five as strong U.S. economic data backed the case for a near-term increase in interest rates.

Asia extends stocks rally as upbeat US GDP calms nerves

Last Updated: Friday, August 28, 2015, 08:07

Asian shares extended a global rally on Friday after upbeat U.S. economic data calmed sentiment, with Chinese stocks jumping for the second day following a rocky start to the week.

Wall Street is for sale - but is it cheap?

Last Updated: Thursday, August 27, 2015, 12:54

During more than a week of stock market sell-offs, investors have been exhorted to use declines to pick up bargains - and with a 7.7 percent drop on the S&P 500 since August 17, stocks have certainly gotten less expensive.

Long way to go for India to become global growth engine: Rajan

Last Updated: Wednesday, August 26, 2015, 12:51

RBI Governor Raghuram Rajan has said it will be "a long time" before India can replace China as a growth engine for the global economy, even if it grows at a faster rate.

'When China sneezes, the world could catch a cold'

Last Updated: Wednesday, August 26, 2015, 11:25

When China sneezes, the world could catch a cold, said a commentary in China`s Xinhua news agency which added that the global economy is closely tied to Chinese performance.

RBI chief Raghuram Rajan says not in favour of depreciating rupee: Report

Last Updated: Wednesday, August 26, 2015, 10:13

India has seen hefty flows from foreign investors, who have bought shares worth USD 5.8 billion and debt worth USD 8 billion so far in 2015.

Currency volatility: How it will affect global growth

Last Updated: Wednesday, August 26, 2015, 09:33

Faced with falling exports and deflation risks, it suited much of Asia to let their currencies drift lower, until China`s abrupt devaluation triggered a tide of volatility that is upsetting not just their currency management but also their growth strategies.